Overbudget, behind schedule, California bullet train cost rises another billion

[ansible]

SACRAMENTO, Calif (AP) The California High-Speed Rail Authority on Wednesday bumped its overall cost estimate for completing the rail line between San Francisco and Los Angeles to $80.3 billion, blaming inflationary increases and better cost projections for a $1.3 billion boost that still is smaller than in previous years.

After years of embarrassing cost overruns and delays, managers of California's ambitious bullet-train project insisted that they are on pace to meet a preliminary 2022 federal deadline for laying track along the first segment in the Central Valley.

But that will use up virtually all the money the project has available.

https://www.kron4.com/news/california/california-bullet-train-cost-rises-by-another-1-billion/

[demosincebirth]

1. Jerry Brown's boondoggle. Never should have been approved.

[dalton99a]

2. Maybe they can finish it before the end of the century for less than $100 trillion

[SKKY]

3. Wait, and they still haven't laid any track???

Jesus California! Sort your shit out.