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California mayors revolt over Newsom bullet train plan they warn could ‘raid’ local tax bases
California mayors, including Jerry Dyer of Fresno, oppose Gov. Gavin Newsom's high-speed rail plan, warning it could divert local tax revenues to fund the $126 billion project. The High-Speed Rail Authority denies capturing local funds, while critics highlight fiscal recklessness and legal risks. The project, delayed for nearly two decades, faces scrutiny over cost overruns and funding strategies.
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