California High-Speed Rail Requires an Additional $1 Billion Annually from Budget-Constrained State to Continue

California’s high-speed rail initiative, facing significant challenges, has stated that after losing $4 billion in funding due to decisions made by the Trump administration, it will now require an additional $1 billion each year from state lawmakers to remain viable. The high-speed rail system is looking to tap into the state’s cap-and-trade program, which was […]