California High Speed Rail Thread

[TWAK]

Originally Posted by mattropolis

The amount of irrelevant information in this thread is annoying. Can we discuss the California high speed rail project instead of all this irrelevant politics?

Some states hate us and will stop and nothing to try and.....derail our projects.

[Busy Bee]

Edit

[Busy Bee]

It's not just other states, the fools are right in the routes backyard. Look at that craven empty suit dipshit from Bakersfield that wants to be the next Speaker. Him and other CV Republicans have been rooting for this to fail for years... "Team Boondoggle" and all the culture war horseshit. I wish it was unimaginable.

[jmecklenborg]

I went back a few pages looking for the guy who posted glowingly about England's HS2. Well now it's been cut back:
https://www.cnn.com/travel/article/b...cut/index.html

[Busy Bee]

"Scrapped"

All this means is that the UK is in the economic nadir of their self inflicted Brexit buyers remorse and the scaling back of HS2 is being done for political reasons. It will just get added back down the road, it will just come online 5-10 years later than originally planned.

[jmecklenborg]

Biden's just-announced extension of the federal student loan waiver will bring the total cost the treasury to $110 billion, so far, far more than the worst-case budget for completion of CAHSR Phase 1:

"Forbearance cost the government about $95 billion since the Treasury hasn’t received a reprieve on its debt to fund the loans. The Administration’s latest extension will bring the taxpayer tab to $110 billion, most of which hasn’t been appropriated by Congress."

https://www.wsj.com/articles/the-for...=hp_opin_pos_1

I posted this because people don't really seem to have a grasp on how much money there is in California, let alone the whole of the United States, and how the country has the capability to literally print the money to build a high quality passenger rail network without stressing the federal budget in the least.

[202_Cyclist]

Originally Posted by jmecklenborg

Biden's just-announced extension of the federal student loan waiver will bring the total cost the treasury to $110 billion, so far, far more than the worst-case budget for completion of CAHSR Phase 1:

"Forbearance cost the government about $95 billion since the Treasury hasn’t received a reprieve on its debt to fund the loans. The Administration’s latest extension will bring the taxpayer tab to $110 billion, most of which hasn’t been appropriated by Congress."

https://www.wsj.com/articles/the-for...=hp_opin_pos_1

I posted this because people don't really seem to have a grasp on how much money there is in California, let alone the whole of the United States, and how the country has the capability to literally print the money to build a high quality passenger rail network without stressing the federal budget in the least.

Exactly right. The debt, inflation, etc.. didn't even seem to be of the slightest concern with the recent $800B defense bill for next year. We can easily afford this but we don't make modern, efficient, transportation a priority.

[jmecklenborg]

Originally Posted by 202_Cyclist

Exactly right. The debt, inflation, etc.. didn't even seem to be of the slightest concern with the recent $800B defense bill for next year. We can easily afford this but we don't make modern, efficient, transportation a priority.

"Defense" has made a lot of huge purchasing mistakes since the downsizing in the 1990s. It's really one after another. The new ships and aircraft are so complicated that the programs are cancelled after just a few are built since some newer technology appears that promises to make them redundant.

Meanwhile, a lot of what I remember being in the Air Force back in the 1980s is...still going. B-1, B-52, F-15, F-16, etc.

[Busy Bee]

Originally Posted by jmecklenborg

I posted this because people don't really seem to have a grasp on how much money there is in California, let alone the whole of the United States, and how the country has the capability to literally print the money to build a high quality passenger rail network without stressing the federal budget in the least.

The true-ist truth that ever was.

[electricron]

Originally Posted by 202_Cyclist

Exactly right. The debt, inflation, etc.. didn't even seem to be of the slightest concern with the recent $800B defense bill for next year. We can easily afford this but we don't make modern, efficient, transportation a priority.

Anything is possible if you are willing to throw money at it. But that does not mean everything should have money thrown at it.
First off, DOD budget is entirely funded by the Federal government and CHSR is funded by both the Federal and State governments. Were talking about apples and oranges here, just on funding.
Now, just for the sake of even distribution of Federal Transportation funding to all the different states, plus a few territories, How much more the USDOT budget would have to be to have the Federal government fund the rest of the CHSR project.
The present DOT budget is $86 Billion
https://www.naco.org/blog/fy-2020-us...iations-motion
California gets around 18%. That means the rest of the nation's share is around 82%
15.5 / 86 x 100 = 18.023
The 2020-21 Budget: Transportation
Specifically, the budget includes $15.5 billion for the California Department of Transportation
The 2021-22 Spending Plan: Transportation
The 2021‑22 budget provides $31.7 billion for the California Department of Transportation
The new Administration has doubled the amount of funding budgeted for USDOT.

Let's assume the remaining portions of CHSR is funded over a 10 year span. With $70 Billion more needed to fund it, that would be a simple $7 Billion more per year going to California just for CHSR.
Remember, California's share is 18%. The rest of the country's share is 82%.
82% /18% = 4.555.
4.555 x $7 Billion / year = 31.885 / year.
31.885 + 7 = 38.885 Billion per year increase just to maintain funding levels half way equivalent between the various states within the USDOT budget.

It's easy to suggest all that is needed to build CHSR with Federal funding alone as a $7 Billion per year budget line item, but the political reality to find that $7 Billion for California is to take a $39 Billion per year budget item hit.

[jmecklenborg]

Originally Posted by electricron

Let's assume the remaining portions of CHSR is funded over a 10 year span. With $70 Billion more needed to fund it, that would be a simple $7 Billion more per year going to California just for CHSR.

Nearly all government capital bonds are 30-year. The bonds are sold when each construction contract commences, meaning the total sum is staggered, and each bond sale pays a different interest rate.

[202_Cyclist]

California High-Speed Rail Authority meets federal grant requirement

By Pete Menting
23ABC
Jan. 6, 2022

"The California High-Speed Rail Authority announced it has fully met its state funding match requirements for federal dollars one year ahead of schedule.

The Federal Railroad Administration required the Authority to match the expenditure of federal funds with state funds for qualified expenses by December 2022..."

https://www.turnto23.com/news/state/...nt-requirement

[jmecklenborg]

^It sure would be nice if that article included a dollar figure along with plans for how the sum is expected to be spent. You know, basic newswriting.

[202_Cyclist]

Agreed, an article more than two sentences long would have been useful.

[ardecila]

It's super complicated, just look up "tapered match". I wouldn't expect reporters to figure out all the finer points of this.

Long story short, California got $2.5bn of Federal money from ARRA (the 2009 stimulus) and they had to put up matching funds from state/local sources. In 2017, the Federal money was all used up but California had yet to finish the matching funds so the Feds set a deadline of 2022. Looks like they met the requirement, so they should be in good standing to receive further grants from the new infrastructure bill.

[202_Cyclist]

Governor Newsom's 2022 - 2023 budget proposes spending at least $4.2B in state money on high-speed rail.

"The Budget includes an additional $9.1 billion ($4.9 billion General Fund and $4.2 billion Proposition 1A bond funds) to support the continued development of a first-in-the-nation, electrified high-speed rail system in California, regional transit and rail projects, bicycle and pedestrian projects, and climate adaptation projects, with a particular focus on aligning the state's transportation system with its climate goals."

https://www.ebudget.ca.gov/FullBudgetSummary.pdf

[jtown,man]

How much money has been spent on this insanely expensive airline route?


I ask because let's see what could have been spent on other transportation objectives in the state if it were not for this horrible project.

[jmecklenborg]

Originally Posted by jtown,man

How much money has been spent on this insanely expensive airline route?

About $8 billion. The full system build-out will have 24 stations, meaning there will be over 500 origin/destination combinations. So thousands of flights per hour to deliver the same service, assuming that an airstrip could be built immediately adjacent to each station.

I ask because let's see what could have been spent on other transportation objectives in the state if it were not for this horrible project.

Whatever the plan is, critics always have another plan.

[Busy Bee]

Originally Posted by jtown,man

How much money has been spent on this insanely expensive airline route?


I ask because let's see what could have been spent on other transportation objectives in the state if it were not for this horrible project.

You lost my man

[Busy Bee]

Originally Posted by jmecklenborg

About $8 billion. The full system build-out will have 24 stations, meaning there will be over 500 origin/destination combinations. So thousands of flights per hour to deliver the same service, assuming that an airstrip could be built immediately adjacent to each station.

Beautiful