In The News
iHeart Radio: Lawmakers Push for $1B Annually to Fund California Rail
California's high-speed rail project is at a critical juncture, with state lawmakers urging the Legislature to approve a $1-billion annual investment sourced from cap-and-trade revenue. This funding is essential to keep the project moving forward amid suspended federal funds. During a news conference on Monday (August 25), State Senator Dave Cortese emphasized the need for consistent financial support, stating, "We can’t build a 21st-century transportation system on one-time money alone."According to the Los Angeles Times, the cap-and-trade program, which requires polluters to buy credits to offset emissions, could provide the necessary funds.