“Safe, Reliable High-Speed Passenger Train Bond Act for the 21st Century”
Authorizes issuance of $9.95 billion of general obligation bonds to create a high-speed passenger train network beginning with a line between San Francisco and Los Angeles.
Los Angeles Times editorial, Oct. 2, 2008:
“If the line never gets built, the state’s losses will be well under $2 billion. That’s not too much to wager on a visionary leap that would cement California’s place as the nation’s most forward-thinking state.”