California Senate approves funding for high-speed rail [View all]
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By the CNN Wire Staff
updated 10:31 AM EDT, Sat July 7, 2012
(CNN) -- California's Senate on Friday approved funding for the first chunk of a high-speed rail system that is expected to eventually link Los Angeles to San Francisco.
In a vote of 21-16, lawmakers gave the go-ahead for the issuance of $2.6 billion in bonds, while Washington will provide an additional $3.2 billion. The bill also includes close to $2 billion in funding for local projects.