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Obobo's bullet train boondoggle already billions over budget
Posted by: Stop the Train ()
Date: January 14, 2017 01:20PM

California's bullet train is hurtling toward a multibillion-dollar overrun, a confidential federal report warns


California’s bullet train could cost taxpayers 50% more than estimated — as much as $3.6 billion more. And that’s just for the first 118 miles through the Central Valley, which was supposed to be the easiest part of the route between Los Angeles and San Francisco.

A confidential Federal Railroad Administration risk analysis, obtained by The Times, projects that building bridges, viaducts, trenches and track from Merced to Shafter, just north of Bakersfield, could cost $9.5 billion to $10 billion, compared with the original budget of $6.4 billion.

The federal document outlines far-reaching management problems: significant delays in environmental planning, lags in processing invoices for federal grants and continuing failures to acquire needed property.

The California High-Speed Rail Authority originally anticipated completing the Central Valley track by this year, but the federal risk analysis estimates that that won’t happen until 2024, placing the project seven years behind schedule.

The report, the most critical official assessment of the project to surface so far, is labeled a “confidential-draft deliberative document for internal use only” and was presented by senior Federal Railroad Administration executives to California rail authority board Chairman Dan Richard and Chief Executive Jeff Morales on Dec. 1 in Washington.

This analysis puts the state on notice that it could face bigger cost overruns than anticipated and much longer delays than have been made public, a troubling critique by an agency that has been a stalwart supporter and longtime financier of the nation’s largest infrastructure project.

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Re: Obobo's bullet train boondoggle already billions over budget
Posted by: Bfjutd ()
Date: January 14, 2017 01:27PM

Stop the Train Wrote:
-------------------------------------------------------
> California's bullet train is hurtling toward a
> multibillion-dollar overrun, a confidential
> federal report warns
>
>
> California’s bullet train could cost taxpayers
> 50% more than estimated — as much as $3.6
> billion more. And that’s just for the first 118
> miles through the Central Valley, which was
> supposed to be the easiest part of the route
> between Los Angeles and San Francisco.
>
> A confidential Federal Railroad Administration
> risk analysis, obtained by The Times, projects
> that building bridges, viaducts, trenches and
> track from Merced to Shafter, just north of
> Bakersfield, could cost $9.5 billion to $10
> billion, compared with the original budget of $6.4
> billion.
>
> The federal document outlines far-reaching
> management problems: significant delays in
> environmental planning, lags in processing
> invoices for federal grants and continuing
> failures to acquire needed property.
>
> The California High-Speed Rail Authority
> originally anticipated completing the Central
> Valley track by this year, but the federal risk
> analysis estimates that that won’t happen until
> 2024, placing the project seven years behind
> schedule.
>
> The report, the most critical official assessment
> of the project to surface so far, is labeled a
> “confidential-draft deliberative document for
> internal use only” and was presented by senior
> Federal Railroad Administration executives to
> California rail authority board Chairman Dan
> Richard and Chief Executive Jeff Morales on Dec. 1
> in Washington.
>
> This analysis puts the state on notice that it
> could face bigger cost overruns than anticipated
> and much longer delays than have been made public,
> a troubling critique by an agency that has been a
> stalwart supporter and longtime financier of the
> nation’s largest infrastructure project.


None of this has anything to do with Obama. Fail

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Re: Obobo's bullet train boondoggle already billions over budget
Posted by: 'The Stimulus' ()
Date: January 14, 2017 01:37PM

Bfjutd Wrote:
-------------------------------------------------------
> Stop the Train Wrote:
> --------------------------------------------------
> -----
> > California's bullet train is hurtling toward a
> > multibillion-dollar overrun, a confidential
> > federal report warns
> >
> >
> > California’s bullet train could cost
> taxpayers
> > 50% more than estimated — as much as $3.6
> > billion more. And that’s just for the first
> 118
> > miles through the Central Valley, which was
> > supposed to be the easiest part of the route
> > between Los Angeles and San Francisco.
> >
> > A confidential Federal Railroad Administration
> > risk analysis, obtained by The Times, projects
> > that building bridges, viaducts, trenches and
> > track from Merced to Shafter, just north of
> > Bakersfield, could cost $9.5 billion to $10
> > billion, compared with the original budget of
> $6.4
> > billion.
> >
> > The federal document outlines far-reaching
> > management problems: significant delays in
> > environmental planning, lags in processing
> > invoices for federal grants and continuing
> > failures to acquire needed property.
> >
> > The California High-Speed Rail Authority
> > originally anticipated completing the Central
> > Valley track by this year, but the federal risk
> > analysis estimates that that won’t happen
> until
> > 2024, placing the project seven years behind
> > schedule.
> >
> > The report, the most critical official
> assessment
> > of the project to surface so far, is labeled a
> > “confidential-draft deliberative document for
> > internal use only” and was presented by
> senior
> > Federal Railroad Administration executives to
> > California rail authority board Chairman Dan
> > Richard and Chief Executive Jeff Morales on Dec.
> 1
> > in Washington.
> >
> > This analysis puts the state on notice that it
> > could face bigger cost overruns than
> anticipated
> > and much longer delays than have been made
> public,
> > a troubling critique by an agency that has been
> a
> > stalwart supporter and longtime financier of
> the
> > nation’s largest infrastructure project.
>
>
> None of this has anything to do with Obama. Fail


Wrong.

https://www.whitehouse.gov/high-speed-rail

Fail.

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Re: Obobo's bullet train boondoggle already billions over budget
Posted by: Gerrymanderer2 ()
Date: January 14, 2017 01:39PM

There will be no wall you idiots.

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Re: Obobo's bullet train boondoggle already billions over budget
Posted by: Gerrymanderer2 ()
Date: January 14, 2017 01:41PM

God you fucking people are the reason why our politicians think we're stupid.

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Re: Obobo's bullet train boondoggle already billions over budget
Posted by: Gerry's dumber than dog shit ()
Date: January 14, 2017 01:44PM

Gerrymanderer2 Wrote:
-------------------------------------------------------
> God you fucking people are the reason why our
> politicians think we're stupid.


You are the reason that they're right.

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