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California high-speed rail price tag jumps to $231B, nearly seven times 2008 estimate
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California high-speed rail price tag jumps to $231B, nearly seven times 2008 estimate

KMPH·Mayra Franco·about 1 month ago
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California’s long-delayed high-speed rail project is now facing renewed scrutiny after state leaders revealed a dramatically higher price tag, now estimated at roughly $231 billion, nearly seven times the original $33 billion projection approved by voters in 2008. The revised figures have reignited talks in Sacramento over whether the project can realistically be completed, how long it will take, and whether the state can continue to fund it at this scale. Senator Tony Strickland sharply criticized the updated costs and timeline, pointing to what he described as a major breakdown in public trust. “What’s been promised is almost like a three-card monte saying this is only going to be $33 billion dollars and now the total amount is $231 billion and it was supposed to be done in 2020," he said. Strickland added that confidence in the project has eroded significantly among lawmakers and the public.…

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