The Dream and Reality of High-Speed Rail across California

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When voters passed $10 billion in bonds to jump-start a San Diego-San Francisco high-speed rail, promoters claimed it would haul 50 million people a year and generate a $1.1 billion surplus. But putting together a business plan hasn’t been easy. Projections of money and ridership have been reduced, but the latest plan doesn’t adequately consider the risk that even scaled-down predictions might be wrong, according to the California Legislative Analyst’s Office.



  • Eric Thronson - Fiscal and Policy Analyst, California Legislative Analyst's Office
  • Curt Pringle - California High Speed Rail Authority


Warren Olney