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Articles Tagged: "High Speed Rail"

High Speed Rail

OPINION: CalSTRS Bailout will be CA Version of Budget Sequester

Columnist Chris Reed writes in Fox and Hounds Daily that a proposed bailout of the teacher's pension fund, known as CalSTRS, may be much like the Federal budget sequester, a process where budget cuts occur if government spending is too high. Reed points out the pension bailout may require the state to abandon its costly high speed rail plan, which already faces numerous obstacles.

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NEWS: Newly approved high-speed train route has 'unavoidable' effects on Valley

The Fresno Bee reports a proposed section of the state's high speed rail project from Fresno to Bakersfield would impact hundreds of homes and thousands of acres of farmlands. According to the plan, 376 homes would be destroyed and over 1,000 people would need to be relocated to accommodate the train.

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OPINION: CA Dems Kill Bill Requiring High Speed Rail Authority To Comply With The Law

PJ Media reports California Senate Democrats have voted down a bill that would have made the California High-Speed Rail Authority operate within the parameters of a 2008 proposition that allowed money to be borrowed under certain conditions.

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NEWS: Brown budget plan faulted on bullet train, teacher pensions

According to the Los Angeles Times, a new report by the Legislative Analyst's Office concluded Governor Brown's new budget proposal would continue to improve California's finances, but his plans for financing bullet train construction and a lack of new money for the cash-strapped teacher pension system are troublesome.

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NEWS: Feds deny early approval of Fresno-Bakersfield high-speed rail segment

The Fresno Bee reports a federal oversight board has turned down a request from the California High-Speed Rail Authority for conditional permission to build the Fresno-Bakersfield section of the proposed statewide bullet-train line. The Surface Transportation Board denied the state's request for an expedited decision on the 114-mile Fresno-Bakersfield route before environmental work is completed on the section.

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Filed Under: News