Day: January 5, 2012

High Speed Rail, funding, and short term thinking

You may have seen on the news yesterday something about California’s High Speed Rail (HSR) program. A committee, mandated by the voters to review the program periodically, issued a report essentially stating that the program should be put “on hold” until the funding picture becomes clearer.

The California High Speed Rail blog has the initial news and analysis here, and today the official rebuttal from the HSR organizers, here. The rebuttal goes through the points, line by line, and throws facts in the mix. For example, while the peer review group states that the lack of full funding commitment is a major issue, the HSR people counter with the fact that no transportation program EVER is fully funded before starting. Click to read more!