California High Speed Rail
California’s plan to build the nation’s first high-speed rail system has identified one alternative funding source if federal and private-sector money does not materialize.
San Francisco Supervisor Sean Elsbernd wants a reality check on the city’s Transbay Terminal Project if high-speed rail is not built.
Dianne Feinstein said she is concerned the state will lose out on federal funding if the leadership is not changed.
Backers of a plan to build a high-speed rail system from Sacramento to San Diego have inflated the number of jobs the project would generate by as many as 50 times, according to a published report.
The Palo Alto City Council on Monday night approved the wording of the city’s official position on high-speed rail, calling for the project to be “terminated.”
If a bond measure to construct a high-speed rail system were put on a California ballot today, the state’s voters would reject it by 59 percent, according to the results of a new Field Poll released Tuesday.
Transportation Secretary Ray LaHood strongly defended the federal government’s nearly $4 billion investment in high-speed rail in California.
The report estimates the actual cost at $98.5 billion if the route between San Francisco and Anaheim is completed in 2033. But the plan also said the system would be profitable even at the lowest ridership estimates.
Funding for high speed rail, which remains uncertain, could be further jeopardized by the budget deal that avoided default.
It’s shaping up to be a battle between San Jose and L.A. for which city will get the first bullet trains in California, as officials are considering whether to extend the first leg of the rail system to Silicon Valley or Southern California.