On Thursday, February 27, the Rose Institute hosted Michael Cohen, Director of California’s Department of Finance, at the Athenaeum on Claremont McKenna College’s campus. At the luncheon, Cohen overviewed the Governor’s proposed 2014-2015 budget, discussed the state’s fiscal progress and remaining challenges, and answered questions from students and faculty. The bulk of Cohen’s presentation focused… Continue Reading
Tag Archives: sacramento
The California High-Speed Rail Authority (CHSRA) started the California High-Speed Rail project after voters approved its funding in 2008. When complete, the project will consist of over 800 miles of track and up to 24 stations, in California cities such as San Francisco, Sacramento, Los Angeles, San Jose, San Diego, Bakersfield, Fresno, Palmdale, Anaheim, Riverside, and Irvine. Traveling from San Francisco to Los Angeles would take 2 hours and 40 minutes, and from Los Angeles to San Diego would take 1 hour and 20 minutes. High-Speed Rail remains controversial, however. Proponents point to economic, environmental, and community benefits from the project, whereas opponents of the plan argue that it would be detrimental to all three. Despite initial excitement for this project, many cities claim that they cannot afford to build high-speed rail. Fresno officials stated that they cannot afford to help build rails in San Joaquin Valley. There is a growing movement to stop the high-speed rail project in California.