IPFS News Link • Transportation
No One Knows Where The Money Will Come From For California's $68 Billion High Speed Rail Plan
• http://www.businessinsider.com, AP
In addition to money from voter-approved bonds and startup funds from the federal government, the plan hinges on receiving billions more from a skeptical Congress, fees from an untested cap-and-trade system that is at the heart of California's effort to reduce greenhouse gas emissions and unnamed private investors to jump aboard and risk their own money once construction begins.