California HSR Review Panel Recommends Against $2.7 Billion Bond Issue

Enormous viaducts like this are one reason for the project's ballooning cost estimates Well, the other shoe has finally dropped: the California High-Speed Rail Peer Review Group is recommending that the state legislature not authorize the issue of $2.7 billion in bonds to begin paying for the state’s planned $98.5 billion high-speed rail line….

Stephen Smith
January 3, 2012
Economics, Logistics & Transportation, Places & Spaces, Policy, Travel

Enormous viaducts like this are one reason for the project's ballooning cost estimates

Well, the other shoe has finally dropped: the California High-Speed Rail Peer Review Group is recommending that the state legislature not authorize the issue of $2.7 billion in bonds to begin paying for the state’s planned $98.5 billion high-speed rail line….

Trending now