California High-Speed Rail Authority
California’s high-speed rail project could be getting a financial shot in the arm from the private sector.
Amtrak and the California High-Speed Rail Authority said Friday that they canceled a joint agreement seeking companies to build high-speed trains for them, a proposal billed as a way to save money and lure advanced train manufacturing to the United States.
Kern County is the latest Central Valley government to sue the state over its $68 billion bullet train plan.
High-Speed Board Approves Central Valley Section; Fresno Assemblyman Says Authority Has Gone Off The Rails
Plans to build a $ 68 billion high-speed rail system in California took a big step forward as the state’s high-speed rail board approved a route for a key segment of the project that stretches from Fresno to Bakersfield.
Secretary of State Debra Bowen announced Tuesday that backers of a plan to end the California high-speed rail project had the green light to begin collecting signatures in an effort to get an initiative on the ballot.
Lt. Gov. Gavin Newsom, once a strong supporter of California’s high-speed rail project, says he has changed his mind and no longer backs it.
The pros and cons of going forward with California’s High-Speed Rail project are presented by Dan Richard, California’s Rail Authority chair, and former State Senator and SF Supervisor Quentin Kopp, respectively.
California officials sought Wednesday to reassure congressional Republicans that the state will be able to match billions of dollars in federal funding for the state’s high-speed rail project, including a $180 million payment due in April.
Recent court rulings against California’s $68 billion high-speed rail project have created confusion about the bullet train’s prospects.
The board that oversees California’s embattled $68 billion high-speed rail project decided Thursday to try again to gain blanket authority to sell $8.6 billion in state bonds, after a judge blocked the bond sales last week in one of several recent setbacks for the project.