SACRAMENTO, Calif. — Gov. Jerry Brown's finance department approved the California High-Speed Rail Authority’s request to spend $2.6 billion on track work in the Central Valley, ABC News reports.
The decision lets the authority ask the state treasurer's office to sell a portion of the nearly $10 billion in bonds voters approved in 2008 for the high-speed rail line. Some of the bond money has previously gone for administration and on work to connect the new system to existing tracks. For the full story, click here.