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Posts Tagged ‘tax hikes’

President Barack Obama has released the basic outline of his FY 2010 budget plan (which would actually go into effect on October 1, 2009) and it includes $5 billion for HSR over 5 years – or, $1 billion a year. Obviously that’s not going to be enough to build any HSR projects around the country, […]

Feb 27th, 2009 | Filed under Uncategorized

UPDATE: As reported by the Transbay Blog the MTC is planning to apply for the Transbay Terminal train box funding to come out of the $8 billion HSR stimulus and not from the general transit stimulus funds. Debate continues over funding the BART to OAK – in addition to the Transbay Blog article (which opposes […]

Feb 23rd, 2009 | Filed under Uncategorized

The LA Times reports that the lack of a California state budget is forcing the Governor to consider actions beyond making payments in IOUs and furloughing state employees for two days a month. Specifically, he claims to be out of options and is threatening to start handing out pink slips – in effect, six-month(!) notices […]

Feb 11th, 2009 | Filed under Uncategorized