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High-Speed Slowdown

A Superior Court Judge ruled this week against the High-Speed Rail Authority's request to release $8 billion in voter-approved bonds. The judge also ordered the planners to rework their funding plan for the additional $60 billion required to complete construction of the line. Planners pointed to the fact that the judge did not "request to stop the high-speed rail project from moving forward" as a positive. [SF Business Times]