Share
While Gov. Gavin Newsom signed 770 bills passed by the Legislature this year, he couldn’t approve a big one that he wanted badly — a $4.2 billion appropriation to shore up the state’s much-delayed, increasingly expensive, and obviously mismanaged bullet train project.
Dan Walters
CalMatters
Opinion
He couldn’t sign it because the Legislature, controlled by his fellow Democrats, won’t send it to him. Legislative leaders, especially Assembly Speaker Anthony Rendon, are disenchanted with the project and want the money to be spent, instead, on improving local commuter rail service.
The $4.2 billion is the last bit of a $9.95 billion bond issue approved by voters 13 years ago on the promise that it would attract enough other financing for a $33 billion high-speed rail link between San Francisco and Los Angeles with future extensions to San Diego and Sacramento.
For political reasons, it was decided that an initial segment would be built in the San Joaquin Valley but the starter line has never really gotten started. There’s been some construction, most notably some sections of viaduct in and around Fresno, but it’s years behind schedule and has only a fraction of the money needed to cover its ever-rising costs.
Los Angeles Times journalist Ralph Vartabedian, who’s been a one-man truth squad on the project’s managerial and financial woes, reported last week that two of the San Joaquin Valley line’s major contractors want an extra $1 billion-plus for unforeseen costs. That would raise it to nearly $23 billion or two-thirds of what the entire 800-mile system was originally supposed to cost.
The $4.2 billion that Newsom wants is sorely needed to keep the project shuffling along, but the state is still a long way from having enough money to cover the entire cost of the segment, much less the $80 or so billion more that a full project would need.
Assembly Speaker Wants Bond Funds for SoCal
Rendon and other like-minded legislators see it as money going down a bottomless sinkhole rather than being spent on projects that could be completed in years, rather than decades, and have a direct impact on traffic congestion in Southern California. A chunk of the bond money has already been spent on upgrading commuter rail on the San Francisco Peninsula and the Rendon faction is seeking parity for its region.
The odd thing about the situation is that Newsom himself seemingly was ready to abandon the project after becoming governor in 2019, virtually disavowing it in a speech to the Legislature. He then reversed course and said he not only wanted to complete the San Joaquin segment as then planned but extend it on both ends on the assumption that it could be linked to major metropolitan areas.
Newsom’s revised position had the effect of increasing the segment’s cost without declaring how the financial gap would be closed.
Newsom and the Rendon faction have been negotiating for months, ever since Newsom proposed to tap the remaining $4.2 billion in bond money, and the governor apparently was offered a roughly 50-50 split but insists on the entire amount. Diverting even a token amount of bond money would be tantamount to surrender and would whet the appetites of other urban areas for pieces of the pie.
Time for Public to Hear the Truth
It’s really time for those in charge to put up or shut up — either telling Californians when and how the project will be financed and completed or calling it quits before it becomes an even more embarrassing train to nowhere.
Newsom’s position — willing to keep it barely alive until he can will it to a successor governor — is somewhat cowardly for someone who purports to be decisive.
About the Author
Dan Walters has been a journalist for nearly 60 years, spending all but a few of those years working for California newspapers. He began his professional career in 1960, at age 16, at the Humboldt Times. For more columns by Walters, go to calmatters.org/commentary.
RELATED TOPICS:
Trump Calls Musk’s Formation of New Party “Ridiculous” and Confusing
5 hours ago
Fresno DUI Driver Slams Into CHP Motorcycle, Tow Truck on Highway 99
12 hours ago
Russia Downs 120 Ukrainian Drones Overnight, Defense Ministry Says
12 hours ago
Israel Sends Delegation to Qatar for Gaza Talks Ahead of Netanyahu Trip to US
12 hours ago
Musk Announces Forming of ‘America Party’ in Further Break From Trump
12 hours ago
Death Toll From Texas Floods Reaches 59, Including 21 Children
12 hours ago
California’s Politics Drifts Right While New York’s Leans Left
13 hours ago
How Trump’s ‘Big, Beautiful Bill’ Will Make China Great Again
2 days ago
What’s Caitlin Clark Worth to the WNBA? A Lot More Than Her $78,066 Salary.
2 days ago
TikTok Building New Version of App Ahead of Expected US Sale, the Information Reports
5 hours ago
Categories

TikTok Building New Version of App Ahead of Expected US Sale, the Information Reports

Hamas Government Office Rejects US Accusation of Involvement in Gaza Aid Site Attack

Death Toll From Texas Floods Reaches 78, Trump Plans Visit

Trump Calls Musk’s Formation of New Party “Ridiculous” and Confusing

Fresno DUI Driver Slams Into CHP Motorcycle, Tow Truck on Highway 99

Russia Downs 120 Ukrainian Drones Overnight, Defense Ministry Says

Israel Sends Delegation to Qatar for Gaza Talks Ahead of Netanyahu Trip to US
