Tuesday, December 13, 2011

House committee to hold hearing on 'skyrocketing' cost of California high-speed rail

House Republicans will follow up on a confrontation with Transportation Secretary Ray LaHood over President Obama's high-speed rail initiatives with a hearing Wednesday to look at what it calls the "skyrocketing costs" of the biggest railway in the proposal.
The House Transportation and Infrastructure Committee will hold a hearing to examine the costs and "growing concerns" regarding a proposed a California railway to which the Obama administration has given $3 billion. Recent reports show the California project is now estimated to cost $98 billion to build, but during a meeting of the committee last week, LaHood rebutted GOP members of Congress who argue that high-speed railways are not worth the investment. Continued

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