California's High Speed Rail Plans

"The bullet trains would be a whole new system of rail transit, traveling up to 200 miles an hour over most of the 700 mile system and running on a separate track that would not intersect city streets. Bullet train supporters estimate that the trains would take a little more than two hours to go from Sacramento to Los Angeles and would only cost about $40 for the one-way trip. Official say the new rail system will cost about $25 billion, but will pay off by generating about $900 million a year in revenue, a third of which would go back to the state. To fund the project, a bond election will be held, and the Authority would also seek federal funding and private investment. While airline representatives assert that the plan in notpractical, rail passenger groups are excited about the new project, hoping it will help relieve freeway congestion."