During a press conference Monday, California High-Speed Rail Authority chief executive said the project was at a “crossroads” and needed funding commitments.

As federal funds for California’s high-speed rail project remain suspended, state lawmakers urged the legislature to approve a $1 billion per year investment pulled from cap-and-trade revenues while linking the future of the project to job opportunity across the state.

State Sen. Dave Cortese (D-San Jose) said during a press conference Monday that the monetary commitment would ensure the project continues amid uncertainty around funding.

“We can’t build a 21st century transportation system on one-time money alone or with limited resources that don’t get us where we’re trying to go,” Cortese said.

The state’s cap-and-trade progr

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