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California High-Speed Rail Authority
Latest California High-Speed Rail Authority Items
Washington is gripped by sequestration fever. Or sequestration chills, depending on the point of view. The White House complains that it's suffering severe spending withdrawal, and Congress, or at least half of Congress, says it's suffering the pangs of hunger for more and deeper spending cuts.
The two biggest players in the nation's pursuit of high-speed rail said Thursday they will work together to search for trains that will operate at up to 220 miles per hour along both U.S. coasts.
A jump in sales of previously occupied homes and further gains in home construction suggest the U.S. housing recovery is gaining momentum.
The new business plan for California's high-speed rail system shows the nation's most ambitious state rail project could cost nearly $100 billion in inflation-adjusted funding over a 20-year construction period, according to a draft copy of the plan shared with the Associated Press.
A business plan released Tuesday projects that the cost of California's ambitious plan to link its major cities by high-speed rail has ballooned to nearly $100 billion over 20 years, accounting for inflation.