High-Speed Rail in Trouble

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California voters approved a $9.95 billion bond issue for high-speed rail from San Diego to San Francisco, and construction on the first leg is scheduled to begin next year. The assumption has been that the federal government would put up much of the money, which would be matched with state funds. But the recent compromise on the federal budget rescinded $400 million for high-speed rail this year and eliminated it altogether for next year.

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Host:

Warren Olney