California Bullet Train Will Require Subsidies

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Even I’m a little tired of my obsession with the California bullet train, but here’s the latest anyway:

The state rail authority is moving ahead with a plan to issue a massive contract for tracks and an electrical system that would enable bullet train service in the Central Valley. But when the service starts in 2028, it would lose money that the state would absorb, according to consultants for the California High-Speed Rail Authority.

In other words, it would require subsidies, despite clear language in the original bond measure that no subsidies would be allowed.

So the bullet train will cost far more than originally planned; have lower ridership than promised; extend only from Bakersfield to Merced (a “starter system”); require subsidies; and barely go fast enough to deserve the name “bullet” in the first place. Other than that, though, everything is great.

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WE CAME UP SHORT.

We just wrapped up a shorter-than-normal, urgent-as-ever fundraising drive and we came up about $45,000 short of our $300,000 goal.

That means we're going to have upwards of $350,000, maybe more, to raise in online donations between now and June 30, when our fiscal year ends and we have to get to break-even. And even though there's zero cushion to miss the mark, we won't be all that in your face about our fundraising again until June.

So we urgently need this specific ask, what you're reading right now, to start bringing in more donations than it ever has. The reality, for these next few months and next few years, is that we have to start finding ways to grow our online supporter base in a big way—and we're optimistic we can keep making real headway by being real with you about this.

Because the bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. The only investors who won’t let independent, investigative journalism down are the people who actually care about its future—you.

And we hope you might consider pitching in before moving on to whatever it is you're about to do next. We really need to see if we'll be able to raise more with this real estate on a daily basis than we have been, so we're hoping to see a promising start.

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