Even though voters approved $10 billion in state bonds to fund a high-speed train from San Francisco to Los Angeles back in November, the $45 billion project still will need to find federal, local and private funding. And while President Obama wants the economic stimulus package to go towards so-called "shovel-ready projects" and be spent by 2010, some of that Washington money could go towards the high-speed train, reports the Daily Californian. "Officials plan to start building some of the rail's grade separations, which separate the rail from traffic, in six to 18 months, [Quentin Kopp, chairman of the California High-Speed Rail Authority] said. The grade separations, which are expected to cost about $2 billion, have the best chance of being at least partially funded by the package, he said." [Daily Cal]
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