Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

California High-Speed Rail Needs Another $100 Billion, Says CEO
Breitbart ^ | 03/15/2024 | JOEL B. POLLAK

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 ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; Your Opinion/Questions
KEYWORDS: billion; california; highspeed; rail
Navigation: use the links below to view more comments.
first 1-2021-24 next last
Another government boondoggle
1 posted on 03/15/2024 8:54:37 AM PDT by ChicagoConservative27
[ Post Reply | Private Reply | View Replies]

To: ChicagoConservative27

100 billion here 100 billion there, pretty soon you are talking real money.


2 posted on 03/15/2024 8:55:46 AM PDT by JSM_Liberty
[ Post Reply | Private Reply | To 1 | View Replies]

To: JSM_Liberty

Nancy’s supply of ice cream must be depleted.


3 posted on 03/15/2024 8:57:22 AM PDT by RasterMaster ("Towering genius disdains a beaten path." - Abraham Lincoln)
[ Post Reply | Private Reply | To 2 | View Replies]

To: ChicagoConservative27

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.


4 posted on 03/15/2024 9:00:24 AM PDT by Metrobank
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

More here:

https://freerepublic.com/focus/f-news/4224297/posts

😉


5 posted on 03/15/2024 9:02:11 AM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this💩? 🚫💉! 🇮🇱👍!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

this will never be built


6 posted on 03/15/2024 9:03:28 AM PDT by eyeamok
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

“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.


7 posted on 03/15/2024 9:04:02 AM PDT by Dave911
[ Post Reply | Private Reply | To 1 | View Replies]

To: Metrobank

The more pots the pols have to pilfer the less likely they are to be caught.


8 posted on 03/15/2024 9:07:12 AM PDT by Rlsau1
[ Post Reply | Private Reply | To 4 | View Replies]

To: ChicagoConservative27

Why would anyone want to go to San Francisco ?


9 posted on 03/15/2024 9:07:31 AM PDT by butlerweave
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

I wonder how many people are getting paid off with this money.


10 posted on 03/15/2024 9:08:09 AM PDT by metmom (He who testifies to these things says, “Surely I am coming soon.” Amen. Come, Lord Jesus…)
[ Post Reply | Private Reply | To 1 | View Replies]

To: RasterMaster

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.


11 posted on 03/15/2024 9:14:10 AM PDT by bobbo666 (Baizuo, )
[ Post Reply | Private Reply | To 3 | View Replies]

To: Metrobank
Newsome just continues with it despite the State having nearly $59B in the red for FY 2024.

No doubt he expects Uncle Sugar to cough up the $100 billion.

12 posted on 03/15/2024 9:20:30 AM PDT by Fresh Wind (Nothing says "Democracy" like throwing your opponents into jail.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: ChicagoConservative27

13 posted on 03/15/2024 9:25:52 AM PDT by Vendome (I've Gotta Be Me https://youtu.be/wH-pk2vZG2M)
[ Post Reply | Private Reply | To 1 | View Replies]

To: JSM_Liberty

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.


14 posted on 03/15/2024 9:27:25 AM PDT by gibsonguy
[ Post Reply | Private Reply | To 2 | View Replies]

To: ChicagoConservative27
Never having to rely on rail for transportation, I could never figure out why it is so attractive. You need a car to get to the train station then you need a car to get to your final destination once the train arrives.
15 posted on 03/15/2024 9:32:18 AM PDT by Hot Tabasco
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

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.


16 posted on 03/15/2024 10:10:57 AM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

A bullet train doesn’t take 3 hours to travel that distance. That is more like a dart train.


17 posted on 03/15/2024 10:42:42 AM PDT by Glad2bnuts (“And how we burned in the camps later, thinking: We should have set up ambushes...paraphrased)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Organic Panic

Season two of “Real Detective” on MAX, will show you how politics and the Mob are indistinguishable.


18 posted on 03/15/2024 10:45:22 AM PDT by Glad2bnuts (“And how we burned in the camps later, thinking: We should have set up ambushes...paraphrased)
[ Post Reply | Private Reply | To 16 | View Replies]

To: ChicagoConservative27
They need the money for a new bus lane over the Grapevine from Bakersfield to the train station and back in L.A.

AMTRAC has their own bus fleet.

19 posted on 03/15/2024 10:50:10 AM PDT by lewislynn ( Trump accomplished more for Americans in a 4 year term than any President in your lifetime.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Metrobank

known locally as The Browndoggle


20 posted on 03/15/2024 12:20:18 PM PDT by coalminersson (since )
[ Post Reply | Private Reply | To 4 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-24 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson