(Source: Associated Press, March 18, 2013)
SACRAMENTO, Calif. — The California High-Speed Rail Authority voted Monday to issue nearly $8.6 billion in taxpayer-approved bonds to build the nation’s first bullet train as the state rushes to begin construction in July. Officials are now on track to sell $3.7 billion of the bonds. That includes $2.6 billion for high-speed rail and another $1.1 billion for improving existing commuter rail systems in Northern and Southern California.
Full story: Ventura County Star