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CA lawmakers not releasing $4.2 billion in HSR money


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#1 CNJRoss

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Posted 08 May 2022 - 07:11 PM

CalMatters, Sacramento, CA 5/6/22

 
Governor, legislators won’t budge in high-speed rail dispute

 

 

California Democrats are locked in one of the most consequential disputes in modern state history over the future of the Los Angeles-to-San Francisco high-speed rail project after a decade of troubled construction.

 

The $105 billion bullet train project — for which $10.3 billion has been spent so far — would be the largest single investment in state history, the most ambitious civil works effort in the nation and now a symbol to many experts of how not to build a railroad, all of which define the stakes in the current impasse. 

 

The feud has festered for 16 months, since Gov. Gavin Newsom asked the Legislature for a $4.2 billion appropriation in early 2021. The request has triggered a standoff with Assembly Democrats, who have steadfastly refused to hand over the last remaining funds from a 2008 bond measure for high-speed rail.

 

The battle involves who will exert control over the project’s future, how to improve its efficiency and how the remaining funds can yield the greatest benefits, which involve sharp disagreements that could be difficult to resolve. 

Continue here.  

 



#2 CNJRoss

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Posted 10 May 2022 - 06:28 AM

RT&S, 5/9/22

 
Calif. state lawmakers are not releasing $4.2 billion in high-speed rail money

 

 

Democratic lawmakers in California are refusing to pass over $4 billion to fund the state’s high-speed rail project that would connect San Francisco to Los Angeles.

 

The stalemate could last for some time.

 

Gov. Gavin Newsom asked the state legislature for the money in early 2021. The funding is part of the 2008 bond measure for high-speed rail, and it continues to be held hostage.

 

The California High-Speed Rail Authority has $1.5 billion on hand, but needs the $4.2 billion cash infusion to provide stable planning and to make advanced purchases of items like trainsets.  . . .

 

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