
California High-Speed Rail Authority Cuts $2B from Central Valley Route
Fresno News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Californias High-Speed Rail Authority unveils a new plan to slash $2 billion from the Central Valley routes cost, aiming to finish the 171-mile segment by 2032. The revised budget, $34.76 billion, is down from the previous $36.75 billion. The plan includes smaller stations with room for expansion and a strategic building order to avoid waste. Despite potential low initial ridership, the state law mandates completing the Central Valley segment first. The authority has $39.3 billion secured through 2045, but needs legislative approval for land powers and faster fund access. The California Legislative Analysts Office cautions against potential delays, while the authority assures no plans to delay the Merced station.
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