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Brightline's high-speed LA-to-Las Vegas rail project scores $3 billion in federal funding
(www.statesman.com)
this post was submitted on 10 Dec 2023
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First of all, woot, trains.
But this is a smaller section of high speed rail. One Vegas wanted and offered to pay for if memory serves. For a $4.2B project, $3.25B in tax exempt bonds were already authorized. Now another $3B? Looot of money flowing towards this project to get people to casinos. Hope accounting is up to par.
California does have another high speed rail that republicans have fought every step of the way. There is progress, but slow. Could probably toss some of that over budget excess our way to help out. Just say'n.
The budget excess earmarked for someone’s not-so-subtle rainy day fund?
The same funding package gave the Bakersfield to Merced high speed project $3.1 billion so they could buy trains and start running by 2030. The San Francisco to Los Angeles project was originally supposed to cost $9 billion but it's now estimated between $90 and $120 billion.
Brightline looks like a bargain compared to CHSR.
The Bakersfield to Merced* project, and the Central Valley portion is now estimated at $30bil; if you're going to rag on it get your facts right.