Friday, April 13, 2012

Long Journey with arrival uncertain


SAN FRANCISCO (AP) _ The authority overseeing efforts to build a high-speed rail system in California has approved its revised business plan, sending the ambitious project to an uncertain fate in the Legislature.

The California High-Speed Rail Authority voted 6-0 on Thursday, with one member absent, to approve its latest plan. Two hours of public comment preceded the vote, most of it favorable toward the bullet train.

Union members touted the project as a way to create much-needed jobs in a state that has battled double-digit unemployment for years, while critics targeted the project's $68.4 billion price. That amount is $23 billion more than the amount sold to voters when they authorized the project in 2008.

The Legislature has until Aug. 31 to authorize the bond sale that would get the project started.

Read more: http://www.kfiam640.com/pages/NEWS.html#ixzz1rwcLefCc

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