Los Angeles asks feds for help in borrowing money for transit
Three decades is a long
time to wait for a train. So Los Angeles is asking the federal government for
help in borrowing $9 billion to speed construction of 12 new mass-transit rail
lines, The Wall Street Journal reports. With Washington’s backing, city
officials say they could make a dramatic improvement to public transportation
in just 10 years — including a dreamy-sounding Subway to the Sea — after
decades of stalled attempts to equip the sprawling metro area with a
comprehensive public-transportation system.