High-speed rail misses out on California’s massive budget surplus

High-speed rail misses out on California’s massive budget surplus

3 years ago
Anonymous $OlGJJXacOb

https://www.mercurynews.com/2021/05/16/high-speed-rail-misses-out-on-californias-massive-budget-surplus/

Gov. Gavin Newsom spent the past week promoting a long list of new spending proposals made possible by a record-smashing budget surplus — but the state’s embattled bullet train is missing out.

While the May budget revision Newsom rolled out on Friday calls for giving the California High Speed Rail Authority $4.2 billion to build the first segment of its system in the Central Valley, that proposal does not represent new state funding for the project.

High-speed rail misses out on California’s massive budget surplus

May 17, 2021, 2:31pm UTC
https://www.mercurynews.com/2021/05/16/high-speed-rail-misses-out-on-californias-massive-budget-surplus/ > Gov. Gavin Newsom spent the past week promoting a long list of new spending proposals made possible by a record-smashing budget surplus — but the state’s embattled bullet train is missing out. > While the May budget revision Newsom rolled out on Friday calls for giving the California High Speed Rail Authority $4.2 billion to build the first segment of its system in the Central Valley, that proposal does not represent new state funding for the project.