Gavin Newsom

We're, we've $13.4 billion, which 10.8 from the state and 2.6 from the feds.

Yeah, well, there's currently our estimates, and this plus or minus, and this is a moving target, about $6.5 billion that we, based upon what we have, the current commitments. We had additional $3 billion from the federal government. Obviously, the Biden administration is trying to analyze that as they did in the last time. And then cap and trade proceeds that will continue to accrue.

Yeah, well, there's currently our estimates, and this plus or minus, and this is a moving target, about $6.5 billion that we, based upon what we have, the current commitments. We had additional $3 billion from the federal government. Obviously, the Biden administration is trying to analyze that as they did in the last time. And then cap and trade proceeds that will continue to accrue.

Yeah, well, there's currently our estimates, and this plus or minus, and this is a moving target, about $6.5 billion that we, based upon what we have, the current commitments. We had additional $3 billion from the federal government. Obviously, the Biden administration is trying to analyze that as they did in the last time. And then cap and trade proceeds that will continue to accrue.

If we extend cap and trade, can you bond against that? There's a lot of variations.

If we extend cap and trade, can you bond against that? There's a lot of variations.

If we extend cap and trade, can you bond against that? There's a lot of variations.

Yeah, well, we're looking at, you know, look, we extended high-speed rail. The idea is to get it in these density and population corridors, which is the point you make in the critique. and get to Fresno, for example, to Gilroy, where Caltran is. And we can then connect to San Jose and into San Francisco. We have the existing infrastructure in place. That's about an hour. You get into Palmdale.

Yeah, well, we're looking at, you know, look, we extended high-speed rail. The idea is to get it in these density and population corridors, which is the point you make in the critique. and get to Fresno, for example, to Gilroy, where Caltran is. And we can then connect to San Jose and into San Francisco. We have the existing infrastructure in place. That's about an hour. You get into Palmdale.

Yeah, well, we're looking at, you know, look, we extended high-speed rail. The idea is to get it in these density and population corridors, which is the point you make in the critique. and get to Fresno, for example, to Gilroy, where Caltran is. And we can then connect to San Jose and into San Francisco. We have the existing infrastructure in place. That's about an hour. You get into Palmdale.

Now you're connecting with the new Brightline that's going all the way to Vegas and one of the fastest growing parts of the state in Palmdale where middle-class families can still afford a home. And so those are component parts. And that's where I think that $36 billion number came from. those three component parts roughly add up to that.

Now you're connecting with the new Brightline that's going all the way to Vegas and one of the fastest growing parts of the state in Palmdale where middle-class families can still afford a home. And so those are component parts. And that's where I think that $36 billion number came from. those three component parts roughly add up to that.

Now you're connecting with the new Brightline that's going all the way to Vegas and one of the fastest growing parts of the state in Palmdale where middle-class families can still afford a home. And so those are component parts. And that's where I think that $36 billion number came from. those three component parts roughly add up to that.

Now the Tehachapi Mountains, getting them over, all of those larger issues, those are issues that obviously are component parts of this larger effort.

Now the Tehachapi Mountains, getting them over, all of those larger issues, those are issues that obviously are component parts of this larger effort.

Now the Tehachapi Mountains, getting them over, all of those larger issues, those are issues that obviously are component parts of this larger effort.

Well, you're trying to get revenue generation. Once you start getting the large population quarters, if you could connect Silicon Valley to Central Valley, which is the foundational argument. And you can start sharing. We're looking at train sets that have interoperability, not just with Brightline, but high desert corridors. You have two private sector partners.

Well, you're trying to get revenue generation. Once you start getting the large population quarters, if you could connect Silicon Valley to Central Valley, which is the foundational argument. And you can start sharing. We're looking at train sets that have interoperability, not just with Brightline, but high desert corridors. You have two private sector partners.

Well, you're trying to get revenue generation. Once you start getting the large population quarters, if you could connect Silicon Valley to Central Valley, which is the foundational argument. And you can start sharing. We're looking at train sets that have interoperability, not just with Brightline, but high desert corridors. You have two private sector partners.

And we're actually procuring train sets very, very shortly. As I say, we did the railhead. We're starting to lay track. This thing's starting to get very, very real. Some of the projects you did see are projects that will have profound impacts economically in terms of the upzoning, particularly in the Fresno corridor. And Fresno is a very important part of that.