A Boon to the Bullet Train?
California is voting in November on a $10 billion bond measure that would start the process of building a bullet train line (top speed: 220 MPH) in ...
California is voting in November on a $10 billion bond measure that would start the process of building a bullet train line (top speed: 220 MPH) in the state, the first of its kind in the country. Most observers have expressed skepticism that the proposal will pass. California has huge budget problems right now, so adding more debt sounds like a non-starter.
I'm having second thoughts about that analysis, however, since reading that Amtrak ridership hit record levels in May. Could high gas prices make this the perfect time for voters to approve a massive passenger rail experiment?
Join the Discussion
After you comment, click Post. You can enter an anonymous Display Name or connect to a social profile.
Skyrocketing Court Fines Are Major Revenue Generator for Ferguson15 hours ago
The Week in Public Finance: Rhyme Time, Slow Money and Water Works18 hours ago
California Legislature Rushes to Complete Bills Before the Session Ends20 hours ago
Does Adrian Wyllie, Florida's Libertarian Candidate for Governor, Have a Chance?20 hours ago
Acquitted Mayor Sues Florida's Governor, Wants His Job Back20 hours ago
Georgia Fights Efforts to Outlaw Online Gambling20 hours ago