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Roads, highways, bridges, power plants, waterways, and buildings need to be significantly upgraded. However, the financial reality dictates that such ambitious infrastructure projects must be properly prioritized and funded within the bounds of a budget. Critical upgrades must be undertaken with transparency, accountability, and frugality at a time when the state is facing years of enormous deficits. Independent voters will be looking to balance economic feasibility with much-needed infrastructure enhancement over the next few years.
Is the “bullet” train’s costly price tag worth the potential outcomes? Here is a list of why the California High Speed Rail Authority believes the bullet train to be integral to California’s future.
Today California lawmakers will finally vote on the state’s contentious high-speed rail project. The vote entails approving billions of dollars in new spending for the rail and all of its related developments.
By tacking the student loan interest rate hike freeze onto a stalled transportation appropriations bill with a similar deadline in the 11th hour, Congress was able to sidestep widespread criticism over its short-term, deficit-fueled “fix” to the Highway Trust Fund problem.
A five person panel in Vermont offered vague reassurances recently that implementing a smart grid would be a good for everyone. But when an audience of about 30 people started peppering the panel with questions about security, privacy, cost, and threats to human and non-human health, the panel had little more to offer beyond those vague reassurances.