(Source: San Francisco Examiner opinion column by Steve Falk, president and CEO of the Chamber of Commerce, July 19, 2012)
SAN FRANCISCO — Earlier this month, the state Legislature passed Senate Bill 1029, authorizing the issuance of $2.7 billion in state bonds to begin construction of the nation’s largest transportation project — California high-speed rail — as well as authorizing an additional $2 billion in bonds to match local and federal funds for related projects. This bold legislative action unlocks $3.2 billion in matching federal high-speed rail dollars, creates thousands of jobs and ushers in a new era of mobility for California.
Full story: San Francisco Examiner