Showing posts with label government. Show all posts
Showing posts with label government. Show all posts

Friday, July 20, 2012

California Can’t Afford High-speed Rail

A few weeks ago, Governor Jerry Brown and the California state legislature accomplished something that has only happened three other times in the last twenty years - they passed the state’s annual budget before the fiscal year-end deadline.

The state’s elected leaders faced the daunting task of bridging a $16 billion budget gap, but the legislators ultimately showed courageous and determined leadership, navigating their way through a multitude of ugly dilemmas and gut-wrenching decisions to get the job done.

After such a show of sound governance, why then did they decide last week to do something as fiscally irresponsible as authorizing the allocation of $8 billion to build the first segment of track for the state’s proposed high-speed rail project?