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Old Feb 16, 2005 | 8:46 pm
  #126  
Reindeerflame
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Cost estimates

Originally Posted by dhuey
Finally, a realistic time estimate. Do you recall the estimated cost of such a project, Reindeerflame?
The item is currently on the Nov. 2006 CA ballot. $9 billion in general obligation bonds would be available to get the project started. The cost right now to get the first line is around $30 billion. Unfortunately, the federal government cannot afford to provide the matching funds, due to spending several times that amount on the Iraq debacle.
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