Cost Of California's High-Speed Rail Goes Up Again

Cost Of California's High-Speed Rail Goes Up Again Authored by Kerry Johnson via  Pacific Research Institute for Public Policy, 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. “I...

By Tyler Durden