High-speed rail seeks another $1B

Silicon Valley / San Jose Business Journal ^ | 30-Jul-10 | David Goll

[bobcat62]

Another $1 billion in federal funds is being sought by the California High-Speed Rail Authority to help build the first stages of a proposed 800-mile, $45 billion rail network.

The project secured more than $2.2 billion in federal stimulus funds earlier this year out of $8 billion made available for such projects nationwide...

[bobcat62]

ping

[bobcat62]

ping

[americanophile]

Well California's current budget deficit is $19 billion, so this project makes perfect sense...

the madness of California cannot be imagined.

[americanophile]

Well California's current budget deficit is $19 billion, so this project makes perfect sense...

the madness of California cannot be imagined.

[MrEdd]

The title misspelled high speed fail.

[James C. Bennett]

LOL, good one!

[pf flyers]

This is a much needed stopgap project until we invent airliners and airports.

[BobP]

the madness of California cannot be imagined.

Only surpassed by the circus in DC.

WAKE UP AMERICA!

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Obama as Uncle Sam - I Want You To Pay My Bills

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[Willie Green]

Good luck to California, but there is still much competition from other states, so there is no guarantee that they'll get additional funding the next time around.
IMHO, we should focus more of our resources on developing passenger rail infrastructure. But the Highway and Airline Lobby are still consuming the lion's share of our Transportation Budget.