Quote:
Originally Posted by MAC123
The point is that there's more money than that, and it's narrow minded to think that it can only go to one thing.
The money is being put elsewhere; California is investing more into public transit now than ever before. And that includes a lot more than just CAHSR.
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I do think a comparison instead of speaking in vague terms is worthwhile, though. The State of California has provided CAHSR with $6 billion in bond funding and $6.5 billion from cap-and-trade revenue. In that timeframe, it also passed SB1 to raise gas taxes to fund roads and public transit, but individual transit projects usually only receive $100-$400m in funding from the state.
It is fine to argue about what the state budget allocations for everything should idealistically be going forward, but I think it makes sense to say that the $6.5 billion in cap-and-trade revenue allocated to CAHSR to date from past budgets would have otherwise gone to urban public transit projects (since most of the rest of the cap-and-trade revenue goes to them, and the purpose of the program is to pay for emissions reduction projects).