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California high-speed rail projectís estimated cost rises to $79B, report says
Fox News ^ | May 01 2019 | Dom Calicchio

Posted on 05/01/2019 11:17:37 PM PDT by knighthawk

Critics of California’s plan to link the Los Angeles and San Francisco areas by high-speed rail have cited the estimated cost of the project – and now that cost is projected to increase by about $2 billion, according to a report.

The state’s High-Speed Rail Authority now estimates that the plan will cost about $79 billion – with the price of the Central Valley segment already under construction rising from $10.6 billion to $12.4 billion, Bloomberg reported.

The revised cost estimates were attributed to changes in the scope of the project and planning for contingencies, the report said.

(Excerpt) Read more at foxnews.com ...


TOPICS: News/Current Events; US: California
KEYWORDS: boringcompany; california; elonmusk; highspeedrail; hsr; losangeles; rail; sanfrancisco; tesla; theboringcompany; traintonowhere
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1 posted on 05/01/2019 11:17:37 PM PDT by knighthawk
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To: knighthawk

Wasn’t that project already killed


2 posted on 05/01/2019 11:22:54 PM PDT by rdcbn
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To: rdcbn

That’s what I thought. They’d better before it tops a trillion :)


3 posted on 05/01/2019 11:34:25 PM PDT by dp0622 (The Left should know if.. Trump is kicked out of office, it is WAR)
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To: knighthawk

Liberals are good at switching names of projects when it suits them. They’ll rename it the “Safe-Speed Bike Project” and make it a bike path through the Central Valley. It’s never going to be built between SF and LA. And Congress should pull funding away from it. Maybe this is why Pelosi was grinning about doing a $2T infrastructure bill. It’s up to President Trump to veto it if any more money is directed to California’s rail project.


4 posted on 05/01/2019 11:34:37 PM PDT by roadcat
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To: rdcbn

Not really. Gavin Newsom implied that he was pulling the plug on it in his state-of-the-state address a few months ago. But when there was an inevitable backlash from the climate-change crowd (and also, undoubtedly, from the contractors and consultants who are enriching themselves on this boondoggle), Gavvy walked it back and declared that he just meant that he wanted to concentrate on the first phase or something like that. The project is still more or less a “go.”


5 posted on 05/01/2019 11:42:19 PM PDT by irishjuggler
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To: knighthawk

I thought that this was canceled and California and the feds arguing about getting federal money back?


6 posted on 05/01/2019 11:47:22 PM PDT by Reno89519 (No Amnesty! No Catch-and-Release! Just Say No to All Illegal Aliens! Arrest & Deport!)
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To: irishjuggler

I think if LA had concentrated just on it’s own region, and built a ridership pattern....a better use of the money (probably less than a billion a year) could have been used to focus just on that region. Trying to make this into an entire state ‘gimmick’ was the failure route to this. Go ask the population just how thrilled they are to go and spend $200 for a round-trip ticket to SF for high-speed rail travel....you won’t find more than one-percent of the population who desires this.


7 posted on 05/02/2019 12:09:27 AM PDT by pepsionice
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To: rdcbn

President Trump has been looking into canceling any more federal funds and clawing back what we already gave them.

A monument to liberal asininity. A train that would have gone to a nothing town in the high desert.


8 posted on 05/02/2019 12:37:45 AM PDT by jazminerose (Adorable DeplorablCNN)
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To: knighthawk
High Speed Taxed.

High Speed Railroaded again.

9 posted on 05/02/2019 12:44:44 AM PDT by CardCarryingMember.VastRightWC ("Blessed are the young, for they shall inherit the national debt" - Pr. Herbert Hoover)
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To: rdcbn; All

I thought it was killed too. I read recently that the section already built in Fresno is not designed for high (bullet) speed.


10 posted on 05/02/2019 12:54:38 AM PDT by Cobra64 (Common sense isn’t common anymore.)
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To: knighthawk

Just imagine the cost of AOC’s high speed rail to Hawaii project.


11 posted on 05/02/2019 12:59:03 AM PDT by Hillarys Gate Cult
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To: Cobra64

can you find that article and supply a link? it would be interesting to read if you can.


12 posted on 05/02/2019 1:05:47 AM PDT by SteveH (intentionally blank)
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To: Reno89519

You must have missed #5...


13 posted on 05/02/2019 1:37:04 AM PDT by Does so (Is Central America Emptying Its Jails?)
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To: knighthawk

Can they stage the Olympics(TM) onboard and share the burden of the production costs?

Estimated cost of 2028 Los Angeles Olympics jumps to $6.9 billion
LA Times ^ | April 30, 2019 | David Wharton
http://freerepublic.com/focus/f-chat/3745999/posts


14 posted on 05/02/2019 1:41:46 AM PDT by a fool in paradise (Denounce DUAC - The Democrats Un-American Activists Committee)
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To: irishjuggler

I knew pulling the plug was too good to be true and probably wouldn’t happen.

I loathe Gruesome.


15 posted on 05/02/2019 2:09:14 AM PDT by Califreak (If Obama had been treated like Trump the US would have been burnt down before Inauguration Day)
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To: SteveH

https://www.fresnobee.com/news/politics-government/article229908329.html


16 posted on 05/02/2019 3:15:48 AM PDT by Cobra64 (Common sense isn’t common anymore.)
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To: Hillarys Gate Cult

Lol


17 posted on 05/02/2019 3:51:15 AM PDT by Vinnie
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To: knighthawk
They're doing it. They're not doing it. They're doing it.

The internet is approaching surrealism these days.

The wall is being built. The wall isn't being built. The wall is being built, but only 200 feet of fencing......

18 posted on 05/02/2019 4:11:43 AM PDT by LouAvul (Freedom without responsibility is chaos. Next step? The Abyss.)
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To: knighthawk

But you replace the California union labor with nonunion labor from Kentucky and the price drops to $450,000.


19 posted on 05/02/2019 4:49:41 AM PDT by VideoPaul
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To: knighthawk
I predict it will cost $125 billion. Then, once it is going, they will find that the trains are faulty, the ground they are on was not properly prepared, the steel used is faulty, and $25 billion is unaccounted for.

20 posted on 05/02/2019 5:08:38 AM PDT by Right Wing Assault (Kill-googl,TWTR,FCBK,NYT,WaPo,Hlwd,CNN,NFL,BLM,CAIR,Antfa,SPLC,ESPN,NPR,NBA,ARP)
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