Tuesday, July 07, 2015

Referendum on High Speed Rail Possible

This article from a TV news station isn't too clear on the nuts and bolts but there's movement afoot in the state legislature for a referendum to overturn the earlier one that voters passed to establish high speed rail in California. 

"The initial cost estimate in 2008 for the rail was $33 billion, and has since gone up to $68 billion with some projections up to $100 billion. Recent studies even show the entire project could cost as much as $200 billion dollars."

I'm somewhat optimistic about this, assuming the legislature passes it. Opposition has been growing to this boondoggle  ever since it was first passed. Even some die hard believers in high speed rail have joined the opposition. 

No word in that article as to how the process actually works, but let's hope it makes it. If it does, I wouldn't be surprised if it passes.


At 9:15 AM, Anonymous Anonymous said...

Next up, the $25 billion twin tunnel delta water diversion project.

At 9:32 AM, Blogger Fred Mangels said...

That, too. I was reading Dan Walters column in the Sacramento Bee this morning. He was writing about the search for money to fund highway maintenance and repair, along with MediCal and some other things that weren't accommodated in the recent budget. I had to comment it's remarkable the Governor won't let go of his vanity/legacy projects, the money from which make road repair funding seem like pocket change.


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