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6/14/2012
The California Legislature is scheduled to soon determine whether to approve the sale of bonds to help finance the state's high-speed rail project, and California High-Speed Rail Authority officials, as well as project stakeholders and critics, are anxiously awaiting the decision. The bonds would provide the matching funds required by the federal government; without the Legislature's approval, federal dollars and deadlines are at risk. in its June 2012 issue, Progressive Railroading features an article outlining the challenges facing the authority and how the agency is working through them under the leadership of new Board Chairman Dan Richard. To read an online version of the story, click here.