Budget fight shows unlikelihood of fed $ for bullet train
Congress’ most intense squabbles over the $1.1 trillion omnibus spending plan that passed Saturday weren’t over the budget details. They were over plans to add provisions in the measure to modify existing laws, most notably language that would weaken some protections against a fresh round of Wall Street shenanigans and abuses. That triggered a crusade led by Sen. Elizabeth Warren, D-Mass.
Here’s why the nature of the congressional budget fight is significant to the state’s bullet train: As Joel Fox noted earlier this month, the California High-Speed Rail Authority is counting on federal money to construct the $68 billion project.
Jeff Morales, chief executive officer of the High Speed Rail project, argued … [federal] funding would arrive. He said the message from the High Speed Rail authority to Washington is “leave us alone” for two years. In other words, the project has the resources to get the project started and then he expects Washington would get on board once they see progress.
The squeeze on domestic discretionary spending
But it’s not 2009, with a Democrat-controlled Congress and White House passing $800 billion stimulus bills. It’s a much-different Washington, as I detailed here.
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Gov. Arnold’s more than six years in office have been pretty dismal. He never “blew up the boxes” of government
One down, one to go. That’s the mind-set of nuclear power opponents who rejoiced over the 2012 closure of the