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 ...
At least the mob will go away once you give them their weekly protection money. Government bureaucrats never go away.
Money going into private accounts, you can bet
Sorry, but I’m not buying the so-called “votes” for anything out of CA...With democrats running the show, they wouldn’t know fair elections if it bit them on the backside.
This was a Guv Annnuld deal
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