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California’s High-Speed Rail Continues To Be A Trainwreck – OpEd
“California High-Speed Rail Authority (CHSRA) officials said that another $100 billion would be needed to complete the high-speed rail network between San Francisco and Los Angeles,” the California Globe reports. That claim, from a March 12 Senate Transportation Committee hearing, would raise the total estimated cost to complete the rail service to “at least $135 billion.”
As the Globe’s Evan Symon observes, the original 2008 estimate of $33 billion “ballooned to $98 billion,” dropped down to $68 billion, and then “went back to $113 billion.”........
© Eurasia Review
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