CA Gets Almost a Billion for Faster Trains

By Matt Baume
|  Tuesday, Oct 26, 2010  |  Updated 2:30 PM PDT
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CA Gets Almost a Billion for Faster Trains

AP

Long Island Rail Road employees work on the train tracks at the Jamaica station in the Queens borough of New York, Tuesday, Aug. 24, 2010. An electrical fire Monday in a switching tower had halted train service for four hours and disrupted the evening commute. The LIRR canceled some trains Tuesday morning and said it could take several days to make repairs.

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How'd you like a gift of just over $900 million?

California likes it just fine, thank you very much, since that money will be set aside to build a super-fast train from Los Angeles to San Francisco. That money joins another $12 billion raised for the project, another step towards a network eventually expected to cost about $40 billion.

Much of that money is targeted towards development in the central valley, generally regarded as the "flyover" portion of the state.

Although this latest award hasn't been made official yet, candidates are already boasting about it. Both Barbara Boxer and Carly Fiorina support the high-speed rail project, and have claimed that their interest in the project is evidence of their commitment to creating new California jobs.

Meg Whitman has criticized the project, calling it too expensive. That's easy to say when you have a jet to carry you around the world.

Some communities still aren't sold on the project. The Gilroy City Council voted for a resolution of No Confidence for the project, and Palo Alto rejected plans for a station. So, all you people planning to visit Gilroy and Palo Alto for your fabulous vacation getaway may just be out of luck.

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