Brown Signs High-Speed Rail Funding Bill
Wednesday, July 18, 2012
Governor Brown signed the legislation authorizing initial construction of the $69 billion high speed rail line at the future site of San Francisco’s Transbay Transit Center.
The center will serve as a major hub for the system. The bill authorizes the state to begin selling $2.6million in voter approved bonds to build an initial 130 mile stretch in the Central Valley.
Brown says the rail line is all about investing in the future. He called critics “declinists” who “put their head in a hole and hope reality changes.” Brown says high speed rail will create thousands of jobs.