In November, California voted in $10 billion in bonds for a high speed rail network spanning from Sacramento to San Diego. Another $8 billion is available for high speed rail from the Feds. And billions more are potentially available from the stimulus bill. That's enough dough to start the project. It's not, however, nearly enough to finish the project--let alone achieve the holy grail of a super-fast train between San Francisco and Los Angeles. That leg alone will cost some $40 billion. So where do you start?
David Crane, Governor Schwarzenegger's special advisor on jobs and economic growth, and a board member of the State High Speed Rail Authority