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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Brumar89 who wrote (634803)	11/5/2011 10:17:59 PM
From: FJB	2 Recommendations Read Replies (1) \| Respond to of 1579753

Great news: $98 billion estimate for California high-speed rail is lowball posted at 5:20 pm on November 5, 2011 by Ed Morrissey hotair.com Earlier this week, we updated our coverage of the largest proposed public-works project in American history to note that its estimated cost had almost tripled in three years, from $33 billion to $98.6 billion, as well as more than doubling in delivery time — and this before the project has even begun. The state agency responsible for this boondoggle officially submitted their funding request to the California state legislature on Thursday, as the Los Angeles Times notes in an otherwise dull recapitulation of the news from earlier in the week. In fact, you have to get to the bottom of the article to see where the LAT buried the lede (via Instapundit): A bullet train business plan released Tuesday notes that the system cost of $98 billion could jump an additional $19 billion depending on the route and construction features. Continues...