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New cost figures issued in an update report from the California High-Speed Rail Authority show that the plan to build the 171-mile initial segment has shot up to a high of $35 billion, exceeding secured funding by $10 billion.


That's $20,467,836.25 per mile to go from Fresno to Bakersfield

1 posted on 03/07/2023 2:38:51 PM PST by artichokegrower
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To: artichokegrower
Surprise !
2 posted on 03/07/2023 2:41:21 PM PST by tomkat (SOTU = FUBAR)
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To: artichokegrower

That’s what corrupt WOKE-ism, DEI and ESG will do to you.


3 posted on 03/07/2023 2:43:21 PM PST by rx
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To: artichokegrower

It will never carry a single passenger.


4 posted on 03/07/2023 2:43:39 PM PST by PGR88
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To: artichokegrower

Pretty soon they’ll be competing with the reparations budget


5 posted on 03/07/2023 2:44:22 PM PST by bigdaddy45
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To: artichokegrower

The initial phase is $10 billion underfunded.

I don’t see that as a problem. Just raise taxes on people in the state and/or charge riders more. Tax tourists more too.

Pay and pay and be proud.


8 posted on 03/07/2023 2:49:06 PM PST by jeffersondem
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To: artichokegrower

This boondoggle has been in the works for decades with billions already flushed and nothing accomplished. By the time they complete the train that goes from horsetown to orchardville, people will have personal drones to take the trip.


10 posted on 03/07/2023 2:50:11 PM PST by monkeyshine (live and let live is dead)
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To: artichokegrower

Just $100 billion?

Heck, that’s peanuts when the federal government can just declare another emergency and bail them out with deficit funding that doesn’t have to be paid back.


12 posted on 03/07/2023 2:53:09 PM PST by adorno
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To: artichokegrower

As I understand it, they can almost get up to speed before
cutting back...

I don’t think it’s operational though.

I’ve told folks, not to count this one out yet. Newsom
did come out and say it was done, but he caught a fair
amount of heat over it, and backtracked.

I do note the new Las Vegas ride from the LA area is now
touted to only cost around $13 billion. The one that is
now over $100 billion in the red started out at around
$10 billion when first voted on.


13 posted on 03/07/2023 2:55:56 PM PST by DoughtyOne (I pledge allegiance to the flag of the USofA & to the Constitutional REPUBLIC for? which it stands.)
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To: artichokegrower

How Sacramento operates. I may be giving those creeps too much credit. They probably don't actually care what this costs; it's just about continuing the boondoggle for their union cronies.

15 posted on 03/07/2023 2:57:37 PM PST by NohSpinZone (First thing we do, let's kill all the lawyers)
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To: artichokegrower

To be fair it is more like Merced/Chowchilla/Madera to Bakersfield. (Changes yearly)...current business plan is Merced to Bako for the “initial operating segment”. ;-) 320% over budget and not one inch of track laid yet!


16 posted on 03/07/2023 2:58:53 PM PST by Drago
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To: artichokegrower

Two new regional airports in the East Bay, two more new ones in the Inland Empire, and a whole lot of Boeing and Airbus hardware can be had for far less this rail scam.


18 posted on 03/07/2023 3:01:17 PM PST by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: artichokegrower

This is by far the easiest section to build. Flat, cheap, sparsely populated agricultural land with excellent access. Other section to SF and LA will have to traverse hills, mountains and some of the most valuable real estate in the country. If it is ever completed, it will exceed $250B and be a financial albatross around CA’s neck for generations. It will cost an order of magnitude more to operate than it will take in from ticket sales. CA will have to create a new tax to pay for it, probably a mileage tax added to your car registration. And of course, they will do their best to force the rest of the country to pay for it.


20 posted on 03/07/2023 3:03:18 PM PST by ETCM (“There is no security, no safety, in the appeasement of evil.” — Ronald Reagan)
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To: artichokegrower

A hundred Billion dollar laundry.


21 posted on 03/07/2023 3:12:30 PM PST by bray (Order at TheRepublicofTexas.store)
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To: artichokegrower

Way past time to cut the losses - use the money for water storage and power
generation.


23 posted on 03/07/2023 3:19:36 PM PST by beethovenfan (The REAL Great Reset will be when Jesus returns. )
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To: artichokegrower

As a tourist it seems what they need is a high speed option from San Diego to Los Angeles. Apparently it would take 8 hours from Anaheim to San Diego taking the bus. (using google maps)


25 posted on 03/07/2023 3:36:58 PM PST by Sam Gamgee
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To: artichokegrower

It’s working even better than planned. The sole purpose of this project is to transfer money from Washington to Sacramento.


27 posted on 03/07/2023 3:39:28 PM PST by charleywhiskey
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To: artichokegrower
The state hopes it will get more federal aid.

Whoa! Who could have seen that one coming?

29 posted on 03/07/2023 4:09:00 PM PST by Billthedrill
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To: artichokegrower

171 miles for $35 billion is $200 million per mile, not $20 million.


33 posted on 03/07/2023 4:18:43 PM PST by OVERTIME (Tammie Lee Haynes)
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To: artichokegrower

The pylons for the elevated train tracks will make a good framework to build affordable housing for bums and illegals.


34 posted on 03/07/2023 4:19:54 PM PST by VanShuyten ("...that all the donkeys were dead. I know nothing as to the fate of the less valuable animals)
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To: artichokegrower

Sure make the rest of America pay for that total waste of money,,,,,


35 posted on 03/07/2023 4:19:56 PM PST by Osage Orange
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