She SO MAD! LOL! Jim Jordan Dares to Hold Fani Wilis ACCOUNTABLE and...
By DESIGN: Sen. John Kennedy Is Straight-FIRE Going OFF On Biden and Dems...
WATCH: Sonny Hostin's Attempt to Steamroll Coleman Hughes on The View Blows Up...
'It's Really That Bad'! Desperate Biden Campaign Calls in Reinforcements
Here's What Michigan's 'Newcomer Rental Subsidy' Program Entails (How Many Will Whitmer Ta...
Liz 'Fauxcahontas' Warren Out to Save You Heap Big Wampum -- Fight Shrinkflation
Ilhan Omar's Victory Lap Over Earmarks for Squad Members' Districts Goes Over Like...
BLM Continues to Try to Destroy Free Speech Rights of Kyle Rittenhouse --...
Architect of 'Equity-Based Algebra' Accused of Fraud
Aaron Rupar Corrects Elon Musk Who Says MSNBC Won't Allow Even One Republican...
That Was Fast! Florida Governor Ron DeSantis Signs Legislation to End so Called...
The Atlantic ‘Targets’ Student Who Says the Military Should Execute Joe Biden
David Hogg Gets Dragged... Again... For Crowing About the 'Office of Gun Violence...
Democrats Turn Trump’s ‘Bloodbath’ Into a Meme
RFK Presented His Competition a Gift Wrapped with a Giant Red Bow When...

SURPRISE! Cost for California bullet train jumps $2.8 billion (for only 119 miles, not the entire route)

Who could have predicted this?

Advertisement

Keep in mind, we’re only talking about 119 miles, not the entire route:

But it gets worse. Apparently, the cost overrun is due to the agency’s rush to spend $2.5 billion in federal stimulus money, which means the state spent $2.8 billion to save $2.5 billion:

Some of the fresh costs stem from trouble acquiring the rights of way for the track in the Central Valley. The authority entered into construction contracts before fully securing rights of way in all areas, a decision officials said they wouldn’t make again. The decision to enter into contracts quickly was partly due to the need to spend $2.5 billion in federal stimulus money by last fall.

Officials are trying to spin this as a learning experience:

“Much of today was a lessons learned expression,” said Brian Kelly, the state’s current transportation secretary who was named as the authority’s new chief executive Tuesday. “Because they learned these things the hard way on the early contracts they will not repeat them on the later contracts.”

Yes, because this is the first railroad ever built in California and the idea that you’d need to secure the right of way before selecting a final route to keep real estate acquisition costs down is something nobody could have thought of, right?

Advertisement

As the Los Angeles Times points out, critics of the project have been predicted this would happen for years, but were ignored:

The sobering news about the cost increases was long forewarned, though rail authority Chairman Dan Richard has consistently rejected those warnings. About a year ago, the Federal Railroad Administration issued a secret risk analysis that said costs were rising sharply and could hit $9.5 to $10 billion.

In other words, the state has been lying to taxpayers for years:

Outside critics saw the rail authority’s defense of lower cost estimates as part of an effort to politically protect the project.

“When it comes to large infrastructure investments, it is not unusual for public authorities trying to justify their effort to understate the costs and overstate the benefits,” said James Moore, director of the transportation engineering program at USC. “It is in my opinion overly deceptive. We have seen on transportation projects this militant defense that is meant to cause the public to remain calm.”

Of course, Twitchy readers know all of this:

***

Join the conversation as a VIP Member

Recommended

Trending on Twitchy Videos

Advertisement
Advertisement
Advertisement