Bullet Train in Region – Then Get Ready for $10 per Gallon
The proposal to build the Bullet Train in California is proof that socialists have taken over our government. Based on past cost overruns, the price tag on this extreme boondoggle is about $75 billion to $80 billion in today's dollars. Paid back interest on these bonds will also burden our children and grandchildren and great-grandchildren with billions more. Annual operating losses will exceed those of all Lite Rails combined. Fares won't cover 1 percent of operating expenses, estimated at $1 billion per year. Bond debt will bury us.
Reality Check About COG
Here's a summary of conclusions from COG's Policy Workshop for COG's directors:
