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Congressional hearing to examine status of California HSR Project


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#1 CNJRoss

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Posted 24 August 2016 - 12:28 PM

Progressive Railroading, 8/24:

Congressional hearing to examine status of California high-speed rail project


Next week, the House Subcommittee on Railroads, Pipelines and Hazardous Materials will hold a congressional field hearing on the status of California's high-speed rail project.

 

The San Francisco-to-Los Angeles rail project was initially estimated to cost $33 billion when voters approved a bond measure in 2008 to help finance it. However, cost estimates have risen to as high as $118 billion, according to a press release issued by the subcommittee.

 

In addition, the project's business plan no longer calls for full high-speed service all the way into San Francisco or Los Angeles, the release said.

 

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