July 9, 2012

Calif. lawmakers approve high-speed rail funding

SACRAMENTO, Calif. — California lawmakers approved a bill Friday authorizing the state to begin selling $4.5 billion in voter-approved bonds to begin construction of the initial segment of the high-speed rail line that would link Los Angeles to San Francisco. That will allow the state to collect another $3.2 billion in federal funding that could have been rescinded if lawmakers failed to act Friday, according to a CBSNews report.

To read the full story, click here.

RELATED ARTICLE: To read METRO's latest feature on the U.S. High-Speed Rail program, click here.

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