{"id":324,"date":"2015-10-23T17:35:00","date_gmt":"2015-10-23T17:35:00","guid":{"rendered":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/2015\/10\/23\/the-other-high-speed-rail-468-billion-price-tag-3-things-to-know-from-california\/"},"modified":"2015-10-23T17:35:00","modified_gmt":"2015-10-23T17:35:00","slug":"the-other-high-speed-rail-468-billion-price-tag-3-things-to-know-from-california","status":"publish","type":"post","link":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/the-other-high-speed-rail-468-billion-price-tag-3-things-to-know-from-california\/","title":{"rendered":"The Other High Speed Rail. $468 Billion Price Tag. 3 Things to Know from California."},"content":{"rendered":"<p><strong>What&#8217;s the high speed rail in Claifornia?<\/strong>\u00a0A state backed project connecting Los Angeles and San Francisco.\u00a0<\/p>\n<p><strong>California has been looking for building partners and the responses questioned the state financing.<\/strong>\u00a0The issues raised:<\/p>\n<ul>\n<li>whether fare revenues would cover operating costs<\/li>\n<li>can this be done without public subsidies, which the project is prohibited by law from using?<\/li>\n<li>can\u00a0\u00a0the first 300-mile segment between the San Fernando and Central valleys turn a profit like the project claims? questionable.<\/li>\n<\/ul>\n<p><strong>What is California&#8217;s financial obligation to the project?<\/strong>\u00a0\u00a0<\/p>\n<ul>\n<li>California will provide up to $500 million per year until at least 2020<\/li>\n<li>The funding source will be &#8220;from money it expects to collect from companies to offset carbon emissions&#8221;<\/li>\n<\/ul>\n<p><a href=\"http:\/\/www.governing.com\/blogs\/bfc\/col-calif-high-speed-rail-bullet-train-shaky-finances.html?utm_medium=email&amp;utm_source=Act-On+Software&amp;utm_content=email&amp;utm_campaign=Parents%20Fill%20Public%20Health%20Gaps%20in%20Schools&amp;utm_term=A%20Bullet%20Train%20Into%20a%20Fiscal%20Swamp\">Governing |\u00a0A Bullet Train Into a Fiscal Swamp?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong>What&#8217;s the high speed rail in Claifornia?<\/strong>\u00a0A state backed project connecting Los Angeles and San Francisco.\u00a0<\/p>\n<p><strong>California has been looking for building partners and the responses questioned the state financing.<\/strong>\u00a0The issues raised:<\/p>\n<ul>\n<li>whether fare revenues would cover operating costs<\/li>\n<li>can this be done without public subsidies, which the project is prohibited by law from using?<\/li>\n<li>can\u00a0\u00a0the first 300-mile segment between the San Fernando and Central valleys turn a profit like the project claims?&#8230;<\/li>\n<\/ul>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,4],"tags":[],"class_list":["post-324","post","type-post","status-publish","format-standard","hentry","category-legislative-trend","category-railways","entry"],"_links":{"self":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/posts\/324","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/comments?post=324"}],"version-history":[{"count":0,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/posts\/324\/revisions"}],"wp:attachment":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/media?parent=324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/categories?post=324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/tags?post=324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}