“Building the high speed rail will create 600-thousand jobs in California.”
In 2008, California voters approved a ten billion dollar bond to help fund high speed rail. U.S. Senator Barbara Boxer says the bullet train, which will eventually provide service from San Diego to Sacramento, is key for the state’s growth:
“what we wanted to do is be able to have that mobility, and be able to say to our kids, as our streets get more congested and our roads and our airports, here’s a really great alternative.”
The project is expected to cost more than 40 billion dollars. Much of that is expected to come from the federal government – and from private investors.