0:39
Bert Stedman
32:47 - 33:26
"That's $110 million, adding $2.5 billion to the cost, $2.5 billion. So these are not small, inconsequential decisions."
“That's $110 million, adding $2.5 billion to the cost, $2.5 billion. So these are not small, inconsequential decisions.”
- Speaker
- Bert Stedman
- Timestamp
- 32:47 – 33:26
- Community
- Alaska News
- Location
- Alaska
- Captured at
- June 9, 2026
From the transcript
That's $110 million, adding $2.5 billion to the cost, $2.5 billion. So these are not small, inconsequential decisions. That are being made when you actually divert it to putting it in dollars. My concern is if we push the cost of this project up by $2.5 billion for the in-state line, $2.5 billion, the folks in the rail belt are going to be paying that bill one way or the other, even though we cap it at 16 cents plus 2% escalation. I think that's what the conversation is, is roughly what we're looking at.
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