Innovation NewsBriefs Vol. 22, No. 31 California’s Bullet Train in the Court of Public Opinion A business plan released on November 1 by the the California High-Speed Rail Authority (CHSRA), has placed the price tag for the LA-SF bullet train project at $98 billion— trippling the $33 billion estimate provided in 2008 in the voter-approved […]
View this complete post...Posts Tagged ‘Innovation Newsbriefs’
California’s Bullet Train in the Court of Public Opinion
Monday, November 14th, 2011For High-Speed Rail It Looks Like the End of the Line
Monday, October 3rd, 2011Innovation NewsBriefs Vol. 22 No. 27 With its vote on September 21, the Senate Appropriations Committee ended the rail boosters’ hopes of getting a meaningful appropriation for high-speed rail in the new (FY 2012) fiscal year. It probably also dealt a decisive death blow to President Obama’s loopy goal of “giving 80 percent of Americans […]
View this complete post...Legislative Prospects for the Transportation Bill: An Update
Monday, August 22nd, 2011The continuing stalemate over FAA funding offers a foretaste of what awaits us in September when Congress will get down to discussing the transportation bill. Only the stakes will be much higher and the consequences of a deadlock much more serious. That is the sober assessment offered by seasoned Washington observers on both sides of the political divide.
View this complete post...The Senate Transportation Bill Lacks Political Momentum
Monday, July 25th, 2011Innovation NewsBriefs Vol. 22 No. 20 The release by the Senate Environment and Public Works (EPW) Committee of its reauthorization proposal and its July 21 hearing on “Legislative Issues for Transportation Reauthorization” were greeted with a muted reaction. Despite Sen. Boxer’s official optimism, we have encountered widespread skepticism about the bill’s chances of gaining political […]
View this complete post...California’s Bullet Train — On the Road to Bankruptcy
Wednesday, June 1st, 2011For California’s high-speed rail boosters including their chief cheerleader, U.S. Transportation Secretary Ray LaHood, the month of May must have felt like a month from hell. First came a scathing report by California legislature’s fiscal watchdog, the non-partisan Legislative Analyst’s Office (LAO), questioning the rail authority’s unrealistic cost estimates and its decision to build the first $5.5 billion segment in the sparsely populated Central Valley between Borden and Corcoran.
View this complete post...Pragmatic Funding Decisions Mark the Final Round of Rail Grants
Thursday, May 12th, 2011Pragmatic funding decisions have marked the third and final round of awards in the Administration’s $10 billion High-Speed Rail Program. The awards, announced on May 9, confirmed what critics, including this column, have long maintained: the White House high-speed rail initiative, stripped of its high-blown rhetoric, is in fact a program of modest incremental improvements to existing Amtrak passenger rail services. As such, the initiative represents a small but useful step in restoring more reliable intercity passenger rail service— but it hardly deserves the hype and exaggerated claims that have been used to characterize it. Rather, it is a “victory for incrementalism,” in the words of Scott Thomasson, policy director of the Progressive Policy Institute.
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