By Dan Walters
Published: Tuesday, Jan. 7, 2014 – 12:00 am
Jerry Brown may be getting desperate about keeping the state’s increasingly unpopular – not to mention financially and legally challenged – bullet train project alive.
Faced with a judge’s insistence that the project follow the law about having its financial ducks lined up, Gov. Brown is now poised to shift money from the state’s “cap-and-trade” fees on greenhouse-gas emissions into the bullet train.
Brown, it’s been reported in The Bee and elsewhere, will propose in his 2014-15 budget that a portion of the fees being extracted from California business be committed to the bullet train.
While creating the new revenue stream might – emphasis, might – help persuade the court that there is a legally sufficient financial plan for the initial bullet train segment from the San Joaquin Valley into Southern California, as the law requires, the legality of such a shift is itself legally suspect.
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