That California bullet train? Back on the table. Though Governor Newsom did not mention it last week, the tea leaves suggest the California bullet train is back on the table.
Breitbart was first to break the story for some of us: California's governor says the state has so much money (previously posted, by the way), that the state can "afford to return some of it to taxpayers."
Actually, I'm not sure that's accurate. More accurately, it appears, Governor Newsom said the state has so much money that the state can provide a $600-stimulus check to those who earn less than $30,000. I doubt many of those folks pay state income tax in the first place. If they do, not much. But I digress. [Later: it appears a household earning $30K wold pay $232 in state income tax. So, I'm wrong, Breitbart is correct: California has enough money to return money to some of its taxpayers. I was surprised to find those earning so little actually have a tax liability in California.]
Governor Gavin Newson unveiled the proposed $227 billion California budget for the upcoming 2021 - 2022 fiscal year. Link here.
The bullet train was not mentioned but that hardly matters. Biden is the new banker in town. LOL. And a lot of federal, infrastructure, green energy, renewable energy money is going to flow to California.
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