"The project, as now planned, would cost too much and take too long", Newsom told lawmakers in Sacramento, the state capital.
Gov. Gavin Newsom is creating a new commission on homelessness and housing to address one of California's most hard problems.
At the California High-Speed Rail Authority's monthly board meeting, Roy Hill, who heads the project's main consulting firm, said the project has reached a "worst-case scenario" of increases unanticipated by the rail authority, but widely predicted outside the halls of state government, even in a confidential analysis by the Federal Railroad Administration. Steinberg previously was leader of the state Senate.
"Newsom also promised to have a plan within 60 days for dealing with the recent bankruptcy filing by Pacific Gas & Electric Corp. after years of devastating wildfires". I share it. There's no doubt that our state's economy and quality of life depend on improving transportation.
The utility filed for protection last month, citing in part anticipated liabilities from wildfires that its equipment may have sparked.
During the address, he said that while he respects the vision of his predecessors Gov. The $77 billion high-speed rail line was first approved by voters in 2008, when the projected cost was $33 billion.
A scaling back of the high speed rail project in California was announced by Governor Gavin Newsom in his first State of the State address on February 12. He says building the line could bring economic transformation to the agricultural region.More news: ‘Coming to America’ sequel set for 2020 release
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"Abandoning the high-speed rail entirely means we will have wasted billions and billions of dollars with nothing but broken promises ... and lawsuits to show for it", Newsom said, adding that he does not want to send the $3.5 billion in federal money allocated for the project back to the Trump administration.
California Gov. Gavin Newsom discusses his decision to withdraw most of the National Guard troops from the nation's southern border and changing their mission, during a Capitol news conference Monday, Feb. 11, 2019, in Sacramento, Calif. Maj.
The Democratic governor is likely to ratchet up his rhetoric against President Donald Trump in Tuesday's address, a month into Newsom's governorship.
Hill said delays in purchasing the land, the need to buy more parcels than projected, and the increase in land prices account for about $725 million of the cost increase; construction delays, $325 million; intrusion barriers to separate bullet-train tracks from adjacent railroad lines, $450 million; increased costs with outside agencies, $600 million; and contingencies set aside for future increases, $600 million.
California Gov. Gavin Newsom is preparing to deliver his first State of the State address a day after declaring he wouldn't participate in the Trump administration's "political theater" over border security.
His address will offer yet another opportunity for Newsom to outline his vision for California, a state dominated by Democrats, and contrast it with stalemates in Washington. He's already laid out ambitious goals on housing, juvenile justice and the environment.