Plan to pay for high-speed rail draws fresh scrutiny Elections, posted by Editor, Mountain View Voice Online, on Nov 30, 2011 at 4:38 pm
The California High-Speed Rail Authority's new business plan, which shows the price tag of the controversial project nearly tripling from initial estimates, is drawing a fresh wave of criticism from local officials, rail watchdogs and independent analysts who claim that the latest proposal to pay for the rail line would violate state law.
Read the full story here Web Link posted Wednesday, November 30, 2011, 10:51 AM
Posted by Hardin, a resident of the Cuesta Park neighborhood, on Dec 1, 2011 at 9:02 am
Considering the tripling in cost of the original price, stopping the project at this point would still be a bargain, with relatively small losses, compared to the money that is now being projected to finish the original scope of work.
We should cut our losses now and admit this has become a bad deal.
HSR, or some other form of mass transit for California is still a good idea worth pursuing. But this variant should be thrown out.
Posted by Observer, a resident of the Old Mountain View neighborhood, on Dec 1, 2011 at 12:28 pm
Electrify Caltrain and make Amtrak trains more numerous, faster and dependable. There are a multitude of options between what we have now and HSR. What makes a train system good is reliability, dependability, ease of access and use, and the right number of stops, not necessarily high speed in competition with air travel.