Dropping like flies.
I have lost track of how many California cities have declared bankruptcy this week.
Another gem on the 2012 California HSR plan is how much spending was dropped from the state level plan and made the responsibility of the cities that would host stations. All of the local infrastructure including access roads, traffic improvements, parking garages and in some cases the train stations themselves have become the financial responsibility of the local cities. They did not trim the cost of the plan. They just shifted the responsibility.
Adding in those local costs will add billions to the overall cost of the project.
