Caitlin Devitt

It's the second try for the bill, which Sen. Dick Durbin, D-Ill., first introduced in 2021.

Republicans have repeatedly criticized the California high-speed rail project as a waste of taxpayer money.

Cities and states are eligible to apply for the program, which gives eligible solar and wind facilities in low-income areas increased investment tax credits of 10% or 20%.

The delays have led to a technical default by the design-build contractor on the $450 million project to design, finance, build, operate and maintain the Thruway's 27 service areas.

Moody's, which last rated the state triple-A in 1979, pointed to an economy that's "poised for diversification and growth."

A significant chunk of the costs will be passed to ratepayers, experts said.

The White House is set to announce whether the controversial high-speed project will win a major rail grant by the end of the year.

The city may also issue an RFP for underwriters, though the timing is not set, said CFO Jill Jaworski.

The project was to have been the first small modular reactor technology in the U.S.

States are required to reduce vehicle-related greenhouse gas emissions under the rule that was finalized last week.