Last August, government officials from across the country descended on San Francisco for the groundbreaking of the $1.5 billion Transbay Transit Center, a hub conceived as the “Grand Central Station of the West.” Secretary of Transportation Ray LaHood, then-House Speaker Nancy Pelosi, then-Mayor Gavin Newsom and others said it would one day house the northern terminus of California’s $43 billion high-speed rail system.
Less than a year later, those jubilant voices might have been overly optimistic.
In April, Congress erased all federal funds set aside this year for high-speed rail. That was not a good sign considering the project still needs $17 billion to $19 billion from the feds.
One month later, California’s Legislative Analyst’s Office issued a report suggesting the agency overseeing the project, the California High-Speed Rail Authority, should be dissolved and replaced by Caltrans. SF Examiner
I guess this makes sense if you are Pelosi and LaHood, but for the rest of San Francisco, they have a useless eyesore.
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