New cost estimate for high-speed rail puts California bullet train $100 billion in the red
Posted on AllSides March 8th, 2023
From The Center
Larry Valenzuela, CalMatters/CatchLight Local
The latest report from the California High-Speed Rail Authority projects costs for the initial segment at $35 billion, which exceeds secured funding by $10 billion. Other segments of the system are likely to have their projected costs increase, too. The state hopes it will get more federal aid.
