When voters approved the Safe, Reliable High-Speed Passenger Train Bond Act for the 21st Century in 2008, they were promised a statewide High-Speed Train project including Sacramento, the San Francisco Bay Area, the Central Valley, Los Angeles, the Inland Empire, Orange County, and San Diego at a cost of approximately $45 Billion.
According to the California High Speed Rail Authority in 2008, the estimated cost for Phase One of the project linking just San Francisco and Los Angles was $34 Billion. This phase eliminated Sacramento, Oakland, the Inland Empire, and San Diego. By early 2012, their estimated cost for this Phase One more than tripled and could reach $118 Billion.
Despite spending more than $500 Million, not one mile of track was built between 2008 and early 2012 and plans became dependent on billions of dollars of future federal grants or billions of dollars of debt or private investments that the taxpayers of California will be responsible for repaying.
California cannot afford to pay for a high speed train system that will cost more than $100 Billion at a time
when teachers and police are being laid off, prisoners are being released from prisons, and taxpayers are being asked to dig deeper into their own pockets to pay for basic services.
This measure shall be known as the “Stop the $100 Billion High Speed Train Act.”
Get your petitions to stop the High Speed Rail at TeaPac.net
Find out more about the ReVote High Speed Rail Initiative at ReVoteRail.com