Rumor Train: California to Get Money for High Speed Rail from Feds
A big false alarm was rung late last week in the form of who was getting money for high speed rail projects around the country. Among the awardees was California, which requested around $4.5 billion for segments include Anaheim to Los Angeles. The source of the rumor was Florida Rep. John Mica who reportedly said his state was one of four to receive a sum of the $8 billion along with California, Texas and the Chicagoland area.
Mica later said he was misquoted in the media. "He didn't say he's heard Florida is definitely in line for a slice of the $8 billion worth of high speed rail dollars in the stimulus package -- he said only said early signals look promising," reported the Miami Herald.
California's chances still look good. We may not get the full $4.5 billion, but may be given chunks of money for certain segments, which also include San Francisco to San Jose, Merced to Fresno and Fresno to Bakersfield. Announcements regarding funding are expected in January at the earliest.