Feds give CA breathing room on bullet train matching funds
By Kathy Hamilton | Cal Watchdog
There’s been another funding twist for the California bullet-train project. The Federal Railroad Administration has agreed to delay the due date for $180 million in state matching funds for the project from April 1 to July 1, according to a press release from Rep. Jeff Denham’s office.
This gives Gov. Jerry Brown and the California High-Speed Rail Authority breathing room to work with the Legislature and try to convince lawmakers to allocate $250 million in state and-trade auction revenues for the rail project.
at Cal Watchdog.
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