California High Speed Rail Cost Projections Continue To Increase ...Middle East

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California High Speed Rail Cost Projections Continue To Increase
Sacramento, CA — California’s High-Speed Rail project now has an estimated price tag of $128-billion, compared to the $33-billion estimate provided to voters in 2008. The goal is to eventually have the train run from Los Angeles to San Francisco, with much of the focus currently on building the initial 170-mile stretch from Merced to Bakersfield. That link alone is now anticipated to cost over $36-billion and be completed by 2030. The High-Speed Rail Authority currently does not have an estimate as to when the originally envisioned full project would be completed. It will require additional state and/or federal funding over the coming years. Yesterday, the Assembly Transportation Committee a

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