eNewsletter for November 14, 2011

 Lately there has been a great deal of hysteria about the possible 98 billion dollar price tag for California High Speed Rail adjusted for inflation for an 800 mile system. Below the radar  are plans by Amtrak to build a new 200 mph plus High Speed Rail line on the 457 miles between Boston and Washington for around 120 Billion dollars. There is little talk about the states of the NEC paying for this project and it looks as though the plan is for this to be fully funded by the Feds. Last week House Transportation Chair  John Mica gave up on his ill conceived plan to get private financing and operation for HSR on the NEC and he said he supports transferring money to the NEC from HSR funding allocated for California which he expects will be returned by the State to the Feds. NB

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