New Governor (a dem) has announced he is killing the boondoggle of high speed rail (aka the bullet train) in California.
California Gov. Gavin Newsom announced on Tuesday he is pulling the plug on the state’s massive high-speed rail project from Los Angeles to San Francisco that was more than a decade behind schedule and billions in the red.
This is after California has sunk over 5 BILLION dollars into the project. Can you imagine how many bridges in California that would have replace? How many roads could have been rebuilt? How many other projects that would be of help the last 10 years that could have been funded?
And if you live in Califorina, hang on to your wallet:
According to the audit, the state risked having to pay back as much as $3.5 billion in federal funds.
“This audit is so damning that it basically says there is no path to completion and has now triggered a federal audit,” Assemblyman Jim Patterson, a Republican from Fresno who pushed for the audit, said.
Federal audit has been started to see if any of the three and a half billion dollars needs to be repaid!
Heeeeeeeeeeeeey look another 3 billion for the wall!!!
Put away the pitchforks I’m just kidding. The money would go back into the federal transportation fund that can only – by law – fund transportation projects. But imagine what a couple billion dollars from Cali back into the program can fund.
I remember the debat back when California votes passed the bond to fund this. Many were worred about ridership – becaue the train would take longer than a plane ride, and would be more expensive than just jumping in a car and driving.
Someone needs to pass this along to Ocasio-Cortez who recently said we should build cross country high speed rain so we can eliminate air travel (or show her the numbers from Amtrack and how much it’s subsidized by the Federal Government every year.)