The text of Proposition 1A asked California voters to approve $9.95 billion for the project. But, then it was announced that in 2008, 2008 said: “The total cost to develop and construct the entire high-speed train system would be about $45 billion.” That’s a whole 35.5 billion difference! It was said that they “miscalculated” and “lost” the money. Now the High-Speed Rail Authority says that it will take $68.4 billion to construct the railroad. Last year, the HSRA actually estimated the costs would be over $98 billion, but they were not prepared to ask for an additional $30 billion. Instead they are going to replace a portion of the tracks with old tracks, instead of high- speed new ones. What’s the point of the railroad
The text of Proposition 1A asked California voters to approve $9.95 billion for the project. But, then it was announced that in 2008, 2008 said: “The total cost to develop and construct the entire high-speed train system would be about $45 billion.” That’s a whole 35.5 billion difference! It was said that they “miscalculated” and “lost” the money. Now the High-Speed Rail Authority says that it will take $68.4 billion to construct the railroad. Last year, the HSRA actually estimated the costs would be over $98 billion, but they were not prepared to ask for an additional $30 billion. Instead they are going to replace a portion of the tracks with old tracks, instead of high- speed new ones. What’s the point of the railroad