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The California legislature is in a winter lull right now, but things will pick up soon and one of the main topics will be whether or not to agree to Governor Jerry Brown’s request to spend Prop 1A bond money to begin high speed rail construction. And according to Daniel Borenstein of the Contra Costa [...]
One of the common criticisms of the high speed rail project is that private investors aren’t interested in the project. There’s no real evidence backing that claim, but it gets shared anyway. Today that argument was dealt another blow when Fitch Ratings concluded “high speed rail networks will proceed”: Fitch believes that U.S. high speed [...]
It’s all too common to hear people frustrated at California’s fiscal morass claim it is all because of Proposition 13. Without a doubt, the voter initiative that capped property tax increases has been the most important event in the state’s history since the election of Hiram Johnson. But as Governor Jerry Brown knows first-hand, Proposition [...]
As part of his proposed 2012-13 budget Governor Jerry Brown is proposing a broad reorganization of state government, consolidating numerous departments into “agencies” – creating savings by reducing employee head counts through the consolidation process. The California High Speed Rail Authority would be affected by this, merged into a new Transportation Agency. The Sacramento Bee [...]
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