Sunday, May 19, 2024

California wastes billions more on bullet train boondoggle – Orange County Register


In his first State of the State speech, Gov. Gavin Gavin Newsom captured the feelings of many Californians relating to the high-speed rail plan voters authorised in 2008: “There’s been too little oversight and not enough transparency. Right now, there simply isn’t a path to get from Sacramento to San Diego, let alone from San Francisco to L.A. I wish there were.”

Three years later, the bullet train – now scheduled to chug from Merced to Bakersfield – nonetheless lacks oversight and a sensible plan to achieve California’s coastal metros. The solely actual change has been its price ticket, which has soared to $113 billion and counting. The estimate was $77 billion on the time of Newsom’s speech.

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A down aspect of the state’s astounding $97.5-billion finances surplus is it permits lawmakers to keep away from robust choices. Legislators within the Bay Area and Los Angeles had resisted releasing billions of {dollars} in transit funds to a future rail plan that’s unlikely to alleviate the state’s site visitors congestion whilst their native transit programs battle for money.

To break the logjam, lawmakers final week simply threw cash at all the things. As a part of a finances trailer invoice, the Legislature agreed to ship the remaining $4.2 billion in bullet train bond funds licensed as a part of Proposition 1A to assist full that Central Valley rail phase – and likewise to spice up different transit spending by $3.65 billion.



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