Despite money woes, Cal bullet train board approves new business plan
SACRAMENTO — The board tasked with overseeing California’s ambitious high-speed rail project approved a new business plan Tuesday and pledged to keep pushing forward even as the plan faces stark financial challenges.
“We are going to deliver high-speed rail for the people of California,” board chairman Dan Richards said.
At stake is a plan to build a high-speed train between Los Angeles and San Francisco by 2033 at an estimated price tag of $77 billion.
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