California’s high-speed rail project is getting a lot of criticism, with people calling it a big example of government waste and inefficiency. Business owner and politician Vivek Ramaswamy is one of the people asking for federal funding to stop. He called the project a “wasteful vanity project” that has cost billions of taxpayer dollars with little to show.
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Ramaswamy's tweet came as a reaction to a post that pointed out that the California high-speed rail project has seen massive cost overruns and delays. The quoted L.A. Times article noted that the project is now $100 billion over budget, with a completion date that keeps getting pushed back – and as of now, no set timeline for when the trains might actually run between Los Angeles and San Francisco.
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According to the Mineta Transportation Institute (MTI), high-speed rail (HSR) brings many benefits: it supports domestic manufacturing, connects megaregions to boost local economies, helps reduce greenhouse gas emissions by saving up to 800 million tons of CO2 over 40 years and avoids costly infrastructure upgrades, which could save up to $199 billion compared to expanding highways and airports.
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