California’s bullet train project speeds past $100B, three times estimate
(From The Washington Examiner)
Not only is the state’s massive high-speed rail project more than a decade behind schedule, it has also become an ode to overspending, a master class in mismanagement, and a complete misreading of what the public needs and what the state can deliver.
The Los Angeles-to-San Francisco high-speed rail system, pitched as one of the biggest public works projects in the nation, was supposed to cost $33 billion and be operational by 2020.
http://www.againstcronycapitalism.org/
Source: https://www.ac2news.com/2021/03/californias-bullet-train-project-speeds-past-100b-three-times-estimate/
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