February 10, 2023

Delays and rising costs have given high-speed rail critics an opening, but proponents say that abandoning this crucial project now would be a mistake.

Some seniors have been homeless for years and are now growing older. But the increasing numbers also reflect another trend: those experiencing homelessness for the first time after age 50.

California may soon face a sunk cost argument for the Central Valley portion of the bullet train project. With costs soaring and the merits of high-speed rail heavily debated, some economics experts argue that state officials should invest those resources elsewhere.

Update: The Internal Revenue Service announced today that California taxpayers do not have to report the Middle Class Tax Refund on their federal returns. From CalMatters economy reporter Grace Gedye: When gas prices were soaring in 2022 and Califorina’s state budget had a ballooning surplus, lawmakers decided to send relief payments to millions of residents […]