Governor submits California’s application for $4.7 billion for HSR
Joined by federal, state and local officials in
united support, Governor Arnold Schwarzenegger discussed his submission of the
state’s application for nearly $4.7 billion in federal American Recovery and
Reinvestment Act funding for engineering, design and construction on California’s
high-speed train system. Pledging a dollar-for-dollar match from state and
local funds, including the high-speed rail bond passed by California voters in
November 2008, the state’s application would generate a nearly $10 billion
investment. This funding would collectively create nearly 130,000 jobs
throughout California.