The first section of the California’s high-speed rail project has been approved by the U.S Federal Railroad Administration. The entire railway project is expected to cost $63 billion.
The first section is to be 65 miles. This project has been drawn out for years, since 2008, and it has significant financial obstacles. Construction costs exploded in the past (up to $118 billion), so the design was altered to bring it back down to $63 billion.
This railway is to run from San Francisco, to Sacramento, to Los Angeles.
Governor Jerry Brown advocates this project for the sake of job creation and greater mass transportation.
Many people consider this a waste of money because it is costly, but, from an alternative point of view, it is transportation infrastructure, as are roads and bridges. Roads are bridges are not necessarily profitable either, but they are a necessity because they enable the general public to get around, and railways do, too.
Construction is slated to begin in 2013.
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