In addition to the TIFIA loan program and the America Fast Forward bond program — the 2 financing strategies that would allow us to realize the "30-10" plan to build all new rail projects within a decade — there's $100 million for the Westside Subway Extension and $100 million for the Regional Connector in President Obama's FY 14-15 budget. That's in addition to the $670 million federal New Starts Full Funding Grant Agreement for the Regional Connector. LA is on a roll (should Congress agree with the President . . . ).

Read Mayor Garcetti's press release here.