Who knew the cost of
ballooning would affect
bullet trains?
Posted on 02/12/2019 2:03:15 PM PST by Signalman
California Gov. Gavin Newsom announced on Tuesday he is pulling the plug on the state's massive high-speed rail project from Los Angeles to San Francisco that was more than a decade behind schedule and billions in the red.
"Let's be real," Newsom said in his first State of the State address. "The current project, as planned, would cost too much and respectfully take too long. There's been too little oversight and not enough transparency."
CALIFORNIA BULLET TRAIN PROJECT ON TRACK TO BLOW THROUGH BILLIONS OF MORE DOLLARS
Newsom added that while California has "the capacity to complete a high-speed rail link between Merced and Bakersfield," "there simply isn't a path to get from Sacramento to San Diego, let alone from San Francisco to L.A."
The embattled $77-billion bullet train has been an embarrassment for the Golden State and has been plagued by problems almost from the start.
(Excerpt) Read more at foxnews.com ...
Now Trump should have California audited for where the money was spent. I understand that Newsome said they were going to keep 3.55 billion in transportation funds. If you take that and add it to the 1.37 billion congress wants to give Trump for the wall, you have over 5 billion.
Good deal.
Private companies built railroads in the 1800s.
Imagine.
on the bright side, you will now be able to get from downtown Bakersfield to downtown Merced a few minutes faster than driving your car...except your car will still be in downtown Bakersfield and you will be in downtown Merced needing a ride..
Here’s hoping Texas learns from California’s example and cuts bait on the Houston-Dallas train before too much is spent
Build dams, retain the rainwater/runoff instead of flushing it into the Pacific, and irrigate your growing valleys, and help feed the Nation, as you once did. And quit diverting the Colorado river water.
Do something purposeful, for once in the last 40 years, Sacramento idiots.
Who profited from the endless studies and such? Pelosi? Will there be an audit?
Newsome needs the money to support all the illegals.
can he cancel this without another ballot initiative ?
will he pay back the feds ?
Private companies were given the right of way and land to be able to afford to build the railway.
I’m pretty sure Texas could build that rail line a LOT cheaper than California was unable to do.
Texas is trying to build a bullet-train. The difference? Its ALL privately funded.
This was the same type of project that then-Governor Rick Scott rejected in Florida. He said it would be too expensive and he wasn’t going to put Florida on the hook for it. Everyone hee-hawed him for not taking Obama Stimulus money. Turns out... he was right.
We will keep our cars and planes, the rest of the country can go high speed democratic rail. Paging AOC. Paging AOC. Your train is leaving the station, next stop the desert
since California is getting rid of airplanes, balloon travel is the only air travel they will have... erego, they will need a lot more of them and wind turbines that push them along.
it is a long way to hawaii.
Your tax dollars squandered. Milton Friedman made it clear that if a project made economic sense, private capital would come forward and barring government regulatory obstruction, it would get built. Anything that requires “government subsidy” is a money loser. If there were real justice, the Federal government should audit just who ended up with the subsidy dollars. Suspect there are some Democratic office holders who are just a bit worried if such an audit in fact happens.
$77 billion is a bargain. California should build that bullet train.
Washington state is taxing $54 billion for 20 miles of light rail in north Seattle. I think they put out a pie-in-the-sky initiative expecting voters to turn it down, then coming up with a “reasonable” version in response.
But the toque-wearing tokers in Seattle voted it in. Now my kids will be paying for it forever.
AOC is deeply saddened.
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