CA Rail: Funded But With Nowhere To Go?

After a much heralded vote on July 6 in the state Senate, the embattled CA high-speed rail project is now eligible to receive $7.9 billion in state and federal funds, but formidable obstacles remain, not the least of which is finding $60 billion. In light of last week’s milestone vote to approve the issuance of $4.6 billion in state bond funds, the rhetoric supporting and spurning California’s high-speed rail project has exploded across the Internet. Pointing to uncertainties over future funding and pending litigation, particularly in the Central Valley where farmers are organizing to halt the looming train project, Jim Carlton and Max Taves report in The Wall Street Journal that it may be premature to celebrate the advancement of the country’s costliest infrastructure project.

WSJ via Planetizen

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