Tuesday, November 8, 2011

The HSRA Business Plan

California's revised high speed rail authority's business plan has been out for a few days. One of the main objections from the opposition was that the project is going to cost more than California can afford in its budget. Money seems like an irrelevant issue to the HSRA. The HSRA boasts that these new figures are now accurate; so anyone against the project has no validation. How is it that by doubling their estimated costs it suddenly is suppose to solve the lack of funds to build it?

One of the best explanations of the new HSRA budget is described in a Sacramento Bee article from November 5th.

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