Bfjutd Wrote:
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> 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.