Travis
Misanthrope of the Mountains
- Joined
- Mar 31, 2007
- Messages
- 24,133
Why does California have to raise its own money for high speed rail? Isn't that what Obama's plan is for?
It was. Obama's rail plans were scuttled by the Republicans. But before that happened about $4 billion was allocated to the California plan.
That will allow California to build the "test track" that the FRA wants.
There's also the fact that China may loan California $20 billion to get the system running from San Fran to LA. In exchange a Chinese company would be running the trains over the system and keeping the profit.
If anyone wants to see how Jerry Brown's pressure redid the project so it is scaled down from $100 billion to $30 billion while still being useful please go check this link.