SAN FRANCISCO (Reuters) – The California state Assembly on Thursday approved an $ 8 billion high-speed rail financing plan that likely will face a tougher vote in the Senate over the system’s projected $ 68 billion cost and concerns about its management. The project, expected to take decades to complete, has the backing of Democratic Governor Jerry Brown, who says a bullet train network will boost job creation and provide an alternative to car and plane travel in the country’s most populous state. …
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