Funding for the high-speed rail line has huge shortfalls
Californians narrowly approved about $10 billion for a high-speed rail system between the Bay Area and Southern California in 2008. It’s been 15 years since the vote.
The original goal of the project was to go from San Francisco to Anaheim, with another phase connecting Sacramento and San Diego. In 2019, Gov. Gavin Newsom announced in his State of the State address that the length of the high-speed rail line under construction in the Central Valley will be shorter, instead between Madera and Bakersfield.
If the high-speed rail system averaged 11.5 million people a year paying $86 for a ticket, it would take this many years to break even:
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