Warning of an "immense financial risk" to the state, a renowned group of transportation and financial experts advised lawmakers Tuesday to pull the emergency brake on funding California's $99 billion high-speed train.

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Topics:  california   experts   billion   train   financial   
BING NEWS:
  • Voters To Weigh in on Whether Tech Billionaires Can Build California City
    PICKS are stories from many sources, selected by our editors or recommended by our readers because they are important, surprising, troubling, enlightening, inspiring, or amusing. They appear on our ...
    06/13/2024 - 6:00 am | View Link
  • California Contemplates Cuts to Middle-Mile Broadband Build
    A multibillion-dollar plan to develop 10,000 miles of broadband infrastructure has hit financial headwinds, forcing the state to consider what not to build. Some construction is already underway.
    06/6/2024 - 12:06 pm | View Link
  • California’s dumbest idea since the bullet train | Andy Caldwell
    The ZEV program is the California bullet train on steroids. The doomed-to-fail bullet train cost projection has ballooned to $128 billion, nearly four times the 2008 estimate. The ...
    06/6/2024 - 2:29 am | View Link
  • Sacramento County supervisors approve nearly $9 billion budget. What’s getting funded?
    All members of the Sacramento County Board of Supervisors swiftly approved Wednesday a nearly $9 billion budget for the coming year with minimal changes. Although the budget is larger than the one ...
    06/6/2024 - 1:00 am | View Link
  • California lawmakers want $1 billion to fight homelessness. But Gov. Newsom has a new focus
    California Gov. Gavin Newsom’s budget revision did not include $1 billion in another round of money to combat homelessness. The Legislature’s proposal does.
    06/3/2024 - 9:28 am | View Link
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