Post-election expectations re: high-speed rail

Wednesday, November 14, 2012
 | 
Chris Woodward (OneNewsNow.com)

With President Obama having won re-election, does that mean high-speed rail projects will come to fruition? One transit expert doesn't see it happening.

Scribner

Marc Scribner, fellow in land-use and transportation studies for the Competitive Enterprise Institute (CEI), says Congress does not seem too intent on authorizing any more funds to be spent on high-speed rail. "Essentially, all the funds are gone," he explains.

But as far as the relationship between the federal government and the states goes, Scribner does think the Obama administration will do what it can to support California's high-speed rail project.

"The big decision points are all going to be happening in California, so that's really where we'd want to watch," Scribner states. "Unfortunately, California residents voted to increase their taxes, so the fiscal constraint that some of us had thought that California's weak economy was going to put on the high-speed rail development may not be as strong."

Still, a number of questions persist as to whether California's rail project will actually be built, as lawsuits -- which Scribner says may be successful -- are pending.

The first section of California's rail project, which is to run from Merced to Fresno, was approved by the Federal Railroad Administration in September.

Consider Supporting Us?

The staff at Onenewsnow.com strives daily to bring you news from a biblical perspective. If you benefit from this platform and want others to know about it please consider a generous gift today.

MAKE A DONATION

Comments

We moderate all reader comments, usually within 24 hours of posting (longer on weekends). Please limit your comment to 300 words or less and ensure it addresses the article - NOT another reader's comments. Comments that contain a link (URL), an inordinate number of words in ALL CAPS, rude remarks directed at other readers, or profanity/vulgarity will not be approved. More details

SIGN UP FOR OUR DAILY NEWSBRIEF

SUBSCRIBE

VOTE IN OUR POLL

Absent the cooperation of Congress, is President Trump taking the right approach to offset the negatives of ObamaCare?

CAST YOUR VOTE

GET PUSH NOTIFICATIONS

SUBSCRIBE

LATEST AP HEADLINES

  Bannon-backed PAC backs Wisconsin, Arizona Senate candidates
  McCain goes on the attack against Trump...without naming him
  Haley says Iran move strengthens Trump's hand on North Korea
NKorea says 'a nuclear war may break out any moment'
Somalia truck bombing toll over 300, scores remain missing

LATEST FROM THE WEB

FBI: Comey drafted letter on Clinton email investigation before completing interviews
Networks forget Obama administration championed Bergdahl as 'hero'
Some Dems still dreaming of ways Hillary could become president
Vegas security guard shot before rampage appears to have vanished
Jeffress tells Christians to call Mitch McConnell to say they're 'mad as H-E-Double L'

CARTOON OF THE DAY

Cartoon of the Day

REASON & COMPANY

NEXT STORY
Egyptian protest 'not going to last'

A national defense activist and expert on the Middle East doesn't think protesters will successfully quell Egyptian President Mohammad Morsi's power grab.