California's High-Speed Rail Plan Faces Scrutiny
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 draft business plan, aiming to cut $2 billion from the Central Valley routes cost. However, state analysts question the feasibility of these cost-cutting measures. The authority seeks broad powers, including zoning control and tax revenue collection, but faces resistance from local leaders. A potential station relocation in Merced could save $1 billion and reduce construction time. The board approves a $537 million settlement with Dragados Flatiron, factoring it into their savings. Federal funding has significantly decreased, and the public has until April 29th to comment on the plan.
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