California High-speed Rail Hopes Joe Biden Restores $1 Billion for Rural Train
California’s high-speed rail project is hoping President Joe Biden will restore nearly $1 billion yanked by the Trump administration.
California’s high-speed rail project is hoping President Joe Biden will restore nearly $1 billion yanked by the Trump administration.
California Governor Gavin Newsom announced Tuesday in his “State of the State” address at the California State Capitol in Sacramento that he would abandon the state’s high-speed rail system because it was too expensive.
California’s bullet train appears to have released a “High Case” estimate of $98.1 billion to prepare the public for much higher tunneling costs.
The “Base Case” estimated cost to build California’s bullet train from San Francisco to Los Angeles has doubled to $77.3 billion, and could almost triple to $98.1 billion.
Washington, DC, has issued the Boring Company its first commercial drilling permit for a Hyperloop tunnel that CEO Elon Musk promises will eventually offer a 29-minute service to downtown New York City. The drilling permit follows Musk’s July tweet that he had “verbal government
The cost to build the first 119 miles of California’s high-speed rail project across flat ground in the Central Valley has spiked to $89.1 million per mile.
Gov. Jerry Brown wants the Democrat-controlled state legislature to hike unpopular registration fees and fuel excise taxes by $5.2 billion a year to fix transportation over the next decade — after years of diverting $1.5 billion in transportation infrastructure taxes to subsidize California’s General Fund bond payments.
California officials now plan to outsource the production of high-tech trains for their hugely expensive fast-rail network, and have quietly dumped their commitment to buy American-made trains.
Although polls reveal that most Californians now want to repurpose “high-speed rail” funding for drought relief, some farmers in the area are concerned that the initiative could actually make their lives worse.
A majority of California voters support an upcoming ballot measure that would strip funding from the high speed rail project and divert it toward new water storage projects, according to a poll released Thursday.