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Financing Woes Stall Nevada to California High-Speed Rail Plans

File Photo | Las Vegas Sun

A snag has delayed construction on the much anticipated Southern California high-speed passenger train from Las Vegas to San Bernardino County

California Treasurer Fiona Ma released a statement saying, “economic uncertainty” led to the decision to delay the sale of the bonds. “Unfortunately, there is not a lot of liquidity in the market,” Ma said in the statement. “The project is postponed until market liquidity improves.”

Read the full article on The Las Vegas Sun

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