Newsletter 5/16/25: Steady Funding for California High-Speed Rail

California Governor’s Budget Provides Steady Funding for High-Speed Rail

California Governor Gavin Newsom’s revised budget proposal would allocate $1 billion each year for the next 20 years to high-speed rail, using funds from the state’s cap-and-trade program. This dedicated funding stream would provide the California High-Speed Rail Authority with financial stability, enabling the project to advance with greater confidence.

Speaking at a national high-speed rail conference on Wednesday, Authority CEO Ian Choudri said the governor’s commitment would supply the necessary resources to expand the system beyond the Central Valley. He also noted that this move could help attract private investors who have been waiting for a stable commitment from the state.

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Gavin Newsom Commits Major Funding Boost to California High-Speed Rail Project

Don’t Mess With High-Speed Rail

Artist rendering of tunnels and viaducts in California with windmills in background.
The Rock and Roll hall of fame is in the foreground, the Cleveland skyline is in the background.

Cleveland Wants to Reinvent Its Downtown and Lakefront. Great Trains Are the Missing Piece

Local civic and business leaders should work with the governor’s office, the legislature, and the Ohio Department of Transportation to establish great train service from Chicago to New York, via Cleveland, as part of the city’s bid to reinvent its downtown through the “Shore-to-Core-to-Shore” initiative.

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