California High Speed Railroad Detection Balloon Costs

The House Oversight Committee is investigating California’s expensive high-speed rail project.

Committee Chairman James Comer (R-Ky). California Governor Gavin Newsom.

“As part of the investigation, we are seeking to understand whether authorities have intentionally misrepresented passenger forecasts and related financial viability for the California High Speed Rail Project (CHSR Project) to ensure federal and state funding is ensured,” Comer wrote.

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California voters approved nearly $10 billion in taxpayer funds through municipal bonds in 2008 to connect the 800-mile high-speed rail system that connects San Francisco and Los Angeles, with an estimated cost of about $33 billion.

However, the project began with former Governor Jerry Brown, plagued by intense costs and delays, with reports suggesting that the price could now reach $128 billion.

The California High Speed Rail Administration (CHSRA) said it expects trains to start running in 2030, a decade after the initial target of Golden State.

This is the subject of the debate between California and the Trump administration, Announced last month $4 billion in federal funding was raised from the project.

“So far, no route has been completed and the CHSRA project is facing a financial collapse, but now CHSRA claims they will start services in the Central Valley in 2032. The current cost estimates range from $89 billion to $128 billion.”

California’s high-speed rail project is called “Boondoggle” by the Trump administration. (Reuters)

“Nevertheless, the Biden administration has invested about $4 billion in federal taxpayer dollars in the CHSR program, including nearly $89.65 million in the end of the administration.”

Comer also knocked on the project’s passenger volume and revenue estimates with reports that it predicted “ridiculously high” and “unrealistic”.

“Despite long-term warnings from experts, authorities have posed serious questions about whether funds were allocated under false pretexts despite the significant cost and lack of progress, CHSRA has filed a FRA to prevent these funds from ending these lawsuits,” Comer is still in progress. ”

In the statement Announce a lawsuit Newsom’s $4 billion lockdown fund called the move a “punishment of California’s political stunts” and a ruthless attack on the state’s Central Valley area.

Newsom also signed a law last month requiring CHSRA to develop funding plans for areas currently underway.

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His state budget requires the high-speed rail project to receive $1 billion a year over the next 20 years to complete its initial portion According to ABC30.

DOT estimates that the project will eventually total $135 billion and sees it as “Boondoggle”.

“It’s California’s fault. Governor Newsom and co-conspirators have made this waste for years. The federal government is not a blank check – they promise to achieve results.”

When commenting on Comer’s investigation, DOT spokesman Nate Sizemore said the department looked forward to working with House Republicans.

“Secretary Duffy thanked Chairman Comer for his leadership in investigating the California High Speed Rail Administration and the agency’s apparent use of misleading passenger indicators. The department looks forward to working fully with the committee’s briefings and documents demands. Americans have a sense of responsibility for this bob, and that’s the fool,” Sizemore said. ”

Fox News Digital also contacted Newsom’s office and Chsra in response to Comer’s investigation, but did not comment immediately.