Archive for June 3rd, 2013

Government High-Speed Spending Always on Track


Monday June 3rd, 2013   •   Posted by K. Lloyd Billingsley at 9:18am PST   •   2 Comments

“I’m not going to sit here and promise that there will not be cost growth.” That was Dan Richard, chairman of California’s high-speed rail authority, at a May 28 congressional hearing at Madera in California’s central valley. Richard’s non-promise was in vain because as rail subcommittee chairman Jeff Denham noted, enormous cost growth is...
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