Locator: 44669CA.
Some reminders, to put the Bullet Train into perspective:
- California annual budget: $300 billion
- California is fiscally broke:
- last year: a $100-billion surplus
- this year, May, 2023, revision: a $35-billion deficit for current fiscal / calendar year
- a state review board / agency has just recommended "slave reparations"
- cost: $700 billion
Now, the bullet train.
The project has spent $9.8 billion so far, according to Brian Kelly, CEO of the California High-Speed Rail Authority.
The CA bullet train is tracked here.
CNBC provided an update today:
A reader sent me that link today. My not-ready-for-prime-time reply:
Nice update.
One of my favorite stories.
I don't know if you noticed, but I completely flip-flopped on this one (posted earlier on the blog).
"California" needs to maximize efforts to get this done -- no matter what it costs, they need to do it. It's sort of like a movie: we've seen the trailer (the previews) and we've seen a lot of "behind-the-scenes" production and we've seen some of the early filming but we're now ready to see whole film.
I fault the California GOP conservatives for holding up funding. Short-sighted. Small minds. Small men (and women). Small ideas.
I imagine it will be the "Waterworld" of man-made projects in the history of the world, except possibly for the "Tower of Babel."
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