💨 Abstract

The California High-Speed Rail project, aiming for nonstop service between San Francisco and Los Angeles in under three hours, may secure private funding if California agrees to pay investors. The project, with a now $100 billion+ price tag, is far from completion with no tracks laid, and may take nearly two more decades to complete. The state is out of bond money and needs a financing plan by mid-2026.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖