California High Speed Rail
Bay Area residents are likely facing a new round of bridge toll hikes and taxes to pay for the High Speed Rail tunnel connecting the Caltrain station at 4th and King streets in San Francisco to the new Transbay Terminal.
Gov. Jerry Brown gave his approval Wednesday to spending billions of dollars in government money for a high-speed rail line that still faces major funding, environmental and political challenges.
A new study casts doubt on whether the benefits of California high-speed rail will include the creation of 400,000 permanent jobs promised by boosters of the bullet trains.
California lawmakers may have given their OK to what could be the nation’s first high-speed rail line, but the project is still a long way from leaving the station.
California lawmakers have approved billions of dollars in construction financing for the first segment of what would be the nation’s first dedicated high-speed rail line.
The California Assembly has approved legislation authorizing about $4.5 billion in state bond funding for a high-speed rail system backed by Gov. Jerry Brown.
The future of Caltrain has now been tied to a key vote set for Friday on the California High-Speed Rail project that could also determine the future of Gov. Jerry Brown’s push to raise taxes.
A critical vote is expected to take place this week in Sacramento as California legislators will decide on whether to issue almost $3 billion in state bonds for the high-speed rail project.
California’s high-speed rail chief has said he’s seeking environmental exemptions on the first 130-mile leg of the bullet train in the San Joaquin Valley.
The state’s nonpartisan analyst says the latest proposal to build a $68.4 billion high-speed train system linking Northern and Southern California is still too vague.