Cost of California’s High-Speed Rail Goes Up Again

Source: Foundation for Economic Education
by Kerry Jackson

“It was supposed to cost $33 billion when voters approved the train in 2008. It will now cost at least $126 billion. It was also supposed to be carrying 65.5 million to 96.5 million intercity riders a year by 2030. Yet now 2040 is the date for ‘full service to start.’ Skeptics don’t believe we’ll ever see the train run with paying customers aboard.” (05/06/26)

https://fee.org/articles/cost-of-californias-high-speed-rail-goes-up-again/