Another Day, Another HSR Business Plan: First Impressions
Another Day, Another HSR Business Plan: First Impressions 04/02/12 Filed in: High-Speed Rail Yes, the High-Speed Rail Authority did listen to comments on the last Plan, and yes, they actually did add several desirable elements to the Plan, but in the end, it is still a bad joke: “The key initial operating segment from the Central Valley to the Los Angeles Basis is fully funded.” (p. 7-25) This seemingly good news is new since the last Business Plan. But the punchline is that the newly identified fund source is $20.2 billion from the feds! How fully funded is that, given the current Congress? The Governor claims he can use cap and trade…