The Biden Administration has allocated $6 billion to California for two high-speed rail projects.
The California High-Speed Rail Authority will receive nearly $3.1 billion for construction in the Central Valley, aiming to connect San Francisco to Los Angeles.
Another project, Brightline, will receive $3 billion to connect Los Angeles to Las Vegas. (Trending: Trump Announces Major Promise For 2024)
“Today, California was notified that the Biden-Harris Administration is awarding $6 billion to the state to build high-speed rail, investing in the whole system – San Francisco, Los Angeles and the Central Valley, creating connectivity north, south and with our neighbors to the east,” said Gov. Newsom in a statement.
“California High-Speed Rail Authority will receive nearly $3.1 billion for construction in the Central Valley, supporting the overall end goal of connecting San Francisco to Los Angeles,” he continued.
Adding, “Another important rail project, Brightline, will receive $3 billion to connect Los Angeles to Las Vegas with 80% of the project’s construction in California benefiting the state’s economy and labor market.”
The California high-speed rail project has faced significant challenges, with ballooning costs and delays, while the private rail line to Las Vegas appears more promising.
The latter is expected to be completed in time for the 2028 Summer Olympic Games and is primarily funded through private capital.
This approach mirrors a proposal made by President Trump in 2018, which was initially rejected by Democrats but now seems to be embraced by the Biden administration for the Vegas project.
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