Posted on 03/15/2024 8:54:37 AM PDT by ChicagoConservative27
The California High-Speed Rail Authority will need an additional $100 billion — above the nearly $30 billion it already has — to complete its original route from San Francisco to Los Angeles, CEO Brian Kelly told state legislators this week.
As Breitbart News noted in 2023, the project was set to cost $100 billion more than the $33 billion voters originally approved in 2008. And as Breitbart News was first to report in 2014, the journey from San Francisco to Los Angeles would not take less than three hours, as originally promised to the California electorate when they approved the plan.
Local NBC affiliate KCRA Sacramento reported:
Kelly testified in front of the State Senate’s Transportation Committee on the High-Speed Rail Authority’s updated draft business plan. In Tuesday’s hearing, Kelly told lawmakers the project has $28 billion dollars on hand, but noted it was still a few billion dollars short to complete the Central Valley segment between Merced and Bakersfield. Depending on how long the segment takes to finish, it could cost between $32 Billion to $35 Billion. Kelly said the project is hoping to fill the gap with federal funds. That segment of the project is expected to be fully operational between 2030 and 2033, Kelly said.
Project leaders estimate it will still need an additional $100 billion to finish what voters were originally pitched in 2008: a bullet train that runs between San Francisco and Los Angeles. A timeline on its completion has not been set as the authority waits for environmental clearances for those segments.
(Excerpt) Read more at breitbart.com ...
100 billion here 100 billion there, pretty soon you are talking real money.
Nancy’s supply of ice cream must be depleted.
This was always a dumb project pushed by former Gov. Jerry Brown. Newsome just continues with it despite the State having nearly $59B in the red for FY 2024. Enough already.
this will never be built
“unclear what the demand will be”.......only morons would set out to spend 130+ billion based on no market research. But then we are talking about politicians.
The more pots the pols have to pilfer the less likely they are to be caught.
Why would anyone want to go to San Francisco ?
I wonder how many people are getting paid off with this money.
Naaah, this is how the DNC funds elections, and hiring the Antifa/BLM thugs to riot. This thing was passed over the vote of a majority of CaCaLand citizens. It is a scam for money laundering and land seizure.
No doubt he expects Uncle Sugar to cough up the $100 billion.
After all the billions spent they have completed barely 25% of this thing. The Big Dig 2.0. The rats sure know how to lauder money.
Bidenflation???
But what it really is... The politically connected used the past 20 years to buy up every scrap of land along the route knowing full well the costs would be astronomical and an endless supply of money. NOW... Well golly, all that land is worth SOOOO much they need a few hundred billion more to buy it all. Because so many rich liberal people can’t wait to move to Norte Mexico in the San Joaquin Valley among the farm workers.
A bullet train doesn’t take 3 hours to travel that distance. That is more like a dart train.
Season two of “Real Detective” on MAX, will show you how politics and the Mob are indistinguishable.
AMTRAC has their own bus fleet.
known locally as The Browndoggle
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