« on: March 18, 2018, 09:36:38 pm »
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.
Breitbart News reported on March 9 that the California High-Speed Rail Authority’s (CHSR) new chief program officer, Roy Hill, had issued a 114-page “2018 Draft Budget†with a “Base Case†cost to build the 500-mile bullet train that had more than doubled to $77.3 billion, or $155 million per mile.
That compared to the $37 billion, $74 million-per-mile plan that Gov. Schwarzenegger and other advocates claimed when they convinced voters to pass Proposition 1A in 2008.
CHSR’s first comprehensive financial review in a decade acknowledged, “The worst-case scenario has happened.†But CHSR — for the first time — included a “High Case†estimate that warned costs could spike to $98.1 billion, or $196 million per mile.
http://www.breitbart.com/california/2018/03/18/californias-98-billion-bullet-train-price-tag-due-to-spiking-tunnel-costs/
Why should anybody outside of California pay anything for the ludicrous cost of $196 million per mile? Or for that matter even $74 million per mile?
What happens to this boondoggle when the first earthquake hits in this earthquake-prone area?
« Last Edit: March 18, 2018, 09:37:55 pm by IsailedawayfromFR »
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No punishment, in my opinion, is too great, for the man who can build his greatness upon his country's ruin~ George Washington
