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 ...
“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.”
I’m going with 250 billion and they never lay a spike in the ground.
The ground is faulty, as in earthquake prone?
Willie Green pick up the white courtesy phone please. The California Happy Choo Choo is sad!!
thank you. i may have comments on the article later.
piggybacking...
i also wonder if by “silicon valley” they mean san jose, san francisco, or someplace in between...
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