I can't see that being enough to even break ground on a single mile of track.
If California boondoggle is any indication, it will be enough to staff an army of middle managers, bureaucrats, and environmental impact and DEI staff for a year, and, of course, pay out some political kickbacks.
Which is why this article is kind of absurd, in my opinion, as it tags the right / Republicans as those who are abandoning the Constitution.
Every poll or social study I've seen shows that progressives - especially the younger generations - have views similar to yours i.e. not much reverence for the Constitution, the founders, etc. They are most likely to believe that freedom of speech is less important than moderating "hate speech." They believe the 2nd amendment right to bear arms is ridiculously out of date in a modern society, etc.