nearvideo California bullet train cost hiked up by billions of dollars
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.
“Let’s be real,” Newsom said in his first state of the state address. “The current project, as planned, would take a lot of cost, and respectful for too long. There was too little oversight and insufficient transparency.”
TO BLOW CALIFORNIA HIGH-SPEED TRAIN PROJECT ON TRACK BY BILLIONS OF DOLLARS MORE
Newsom added that, while California has not, “the ability to have a high-speed rail link between Merced and Bakersfield,” “it’s easy, a way to get from Sacramento to San Diego, let alone from San Francisco to L. A.”
The embattled $77-billion bullet train was an embarrassment to the Golden State, and plagued by problems almost from the beginning.
The idea of a long time linked with Newsom’s predecessor, Jerry Brown, years behind schedule, with the latest estimate for completion is set for the year 2033.
TO REDUCE THE GOVERNOR OF CALIFORNIA NATIONAL GUARD PRESENCE ON THE BORDER
Bullet train planners had, was more and more under pressure to make progress on the system that, many believe, had no plausible way to live up to his goal, always the driver about the state in three hours or less.
CALIFORNIA high-speed train AND the Biggest NONSENSE ABOUT THE BUDGET OF BILLION
California-voters the expensive proposal in 2008. Backers – including some democratic legislators – heralded as an innovative concept of Californians would connect and transit directives to turn down the road.
But critics claimed that the bullet train project was a waste of time and money.
“This so-called bullet train is a solution looking for a problem the plagued by billions of dollars in cost-overruns and financial mismanagement,” San Diego Councilman Mark Kersey told Fox News in the year 2018, adding that the billions wasted, the project “would have invested in our current infrastructure, such as water storage, flood protection, highways and bridges.”
Some of the supporters over the years argued, should the project be continued, because millions of dollars have already been spent.
Others said it was to cut time and run.
At the end of November, a state audit highlighted the faults in the project, which began to check the pressure on the then Gov.-elect Newsom, shorten the construction of the railway, or other important changes.
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The audit showed that the state risked, to pay back as much as $ 3.5 billion in Federal funds.
“This audit is so damning that it basically says that it is triggered in any way to the completion and now has a Federal audit,” the Deputy Jim Patterson, a Republican from Fresno, who pushed for the audit, said.