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Podcasts Take Two
CA's High-Speed Rail Authority needs loan to mitigate legal delays
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Apr 11, 2013
Listen • 2:17
CA's High-Speed Rail Authority needs loan to mitigate legal delays
Agency building bullet train wants to borrow money from state while it wrangles in court over plan to spend voter-approved funds.
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Courtesy California High Speed Rail Authority
)

Agency building bullet train wants to borrow money from state while it wrangles in court over plan to spend voter-approved funds.

At home, a state Assembly budget committee has approved a one-time loan for the agency building California's bullet train. The High-Speed Rail Authority reportedly wanted $26 million to cover the costs of fighting lawsuits filed against the agency. KPCC's Sacramento reporter Julie Small has the story.