California's High Speed Rail Project Faces Challenges In Cool Economy

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(Sacramento, CA)
Thursday, March 5, 2009

The group in charge of California’s High Speed Rail Project is looking for money in the federal economic stimulus package.

When voters approved “prop 1A” in November they agreed to designate almost ten-billion dollars in bonds to start a bullet train system from San Diego to the San Francisco Bay.
But, the state’s budget crisis coupled with the national recession…has slowed the project down. 
Still, High Speed Rail Authority Chairman Quentin Kopp says he’s confident California will get a “significant amount” of federal dollars to start some sections … 
“and a few candidates would be the Anaheim to Los Angeles section, San Francisco to San Jose, possible opening of service from Merced to Bakersfield, which otherwise will be the test track section of that first phase…”
Kopp says work on that first phase would start in about three years.  The second phase…which would connect Sacramento to the Bay area and southern California would be finished in about a decade.