STEADY FUNDING AGREEMENT FOR HIGH-SPEED RAIL

09/14/2025

 [ Article originally appeared in https://hsr.ca.gov ]

Authority CEO Ian Choudri today applauded State leaders’ agreement to reauthorize the Cap-and-Invest program, securing a historic commitment of $1 billion for the project annually through 2045, the largest guaranteed infusion of funding for California’s high-speed rail program to date. This agreement demonstrates that Californians are standing up to the Trump Administration’s backward-thinking obstruction and choosing instead to invest boldly in the future.

“I am grateful to Governor Newsom, our legislative leaders, and allies across the state and the nation – including those in the labor community – whose partnership and resolve helped make this possible. Today’s agreement has made a big, bold statement about California’s future—one that will create jobs, cut pollution, and connect and transform communities across the state.”

“This funding agreement resolves all identified funding gaps for the Early Operating Segment in the Central Valley and opens the door for meaningful public-private engagement with the program. As we move forward, I am greatly encouraged by commitments to continue productive discussions with the Administration and the Legislature to put in place statutory and regulatory enhancements that accelerate construction and give greater certainty on time and schedule for segment delivery. And we must also work toward securing the long-term funding—beyond today’s commitment—that can bring high-speed rail to California’s population centers, where ridership and revenue growth will in turn support future expansions.”