Cost Projection News Today

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Turned down the money knowing full well that the final cost could be a lot more, could be double or triple the original projection. they didnt want to be left holding the bag. two of the most reliably democrat states in america, hawaii and california, gladly took the money. california received grants of $3.5 billion to connect san francisco and los angeles. meaning 100 plus miles of high speed rail had to go through the central valleys beautiful farm lands. as with so many liberal pipe dreams a ...

Smartly turned down the seed money, knowing full well that the final cost could be a lot more. it could be double or triple the original projections. they didnt want to be left holding the bag. but two of the most reliably democrat states in america, hawaii and california, gladly took the money. california received grants of $3.5 billion to connect san francisco and los angeles, meaning 100-plus miles of high-speed rail had to go through the central valleys beautiful farmland. as with so many li...

No word on they have found. and nic robertson in kuala lumpur. we saw numbers, nic, in terms of the cost of this search. nearly a quarter of a billion dollars. is that a projected cost or is that up until right now? day 42? >> reporter: yeah, that is the projected cost, bill. it basically says look, when this current search area which is a limited area is done, if nothing is found there then there will be another search area back along the arc of the sort of satellite track, 30 miles long, and...

As if there was a sudden and previously unforeseen cost projection that he had not seen coming and thats why we had to act in this unexpected and unilateral way. when he killed the tunnel project way back in october of 2010, why didnt anybody question or challenge those cost estimates that he was putting forward at the time? why did it take until now toe merge? >> well, i think, first of all, the cost estimates for a project like this are confusing, so he played on some of that confusion. but th...

But new jersey transit officials had said all along and fought with the federal government saying that this project isnt going to cost anymore than $10 billion. so the governor clearly overstated when he said that the new jersey transit said it would cost $11 billion. >> i remember him explaining it as if there was a sudden and previously unforeseen cost projection that he had not seen coming and thats why we had to act in this unexpected and unilateral way. when he killed the tunnel project way...

Them. if your man was law, wouldnt it mean seniors would spend inordinate amount of time to go through plans to figure what is best for them in marketplace? >> the prescription drug benefit worked this way they have a number of plans to pick from. they choose their plan, leave a plan or go to another man if they want a different one. what happened with the drug benefit? it came in 41% below cost projection. name me another program that came in 41% below cost. why? seniors are in charge they get ...

To figure out what is best for them. if your man was law, wouldnt it mean seniors would spend inordinate amount of time to go through plans to figure what is best for them in marketplace? >> the prescription drug benefit worked this way they have a number of plans to pick from. they choose their plan, leave a plan or go to another man if they want a different one. what happened with the drug benefit? it came in 41% below cost projection. name me another program that came in 41% below cost. why? ...