LA Times: High Speed Rail
- LA Times
Some fear California's high-speed rail won't deliver on early
promises There's concern that local, state or federal subsidies would
be needed as projected ticket prices between L.A. and San Francisco
have almost doubled. And building costs for the first phase have grown
By Rich Connell and Dan Weikel
February 28, 2010
Despite a new $2.25-billion infusion of federal economic stimulus
funding, there are intensifying concerns -- even among some high-
speed rail supporters -- that California's proposed bullet train may
not deliver on the financial and ridership promises made to win voter
backing in 2008.
Estimates of ticket prices between Los Angeles and San Francisco have
nearly doubled in the project's latest business plan, pushing
ridership projections down sharply and prompting new skepticism about
data underpinning the entire project.
posted by clare.