California rail fail
BY MARK MATHIS: California's billion dollar high speed rail project has been derailed. Who could have seen that coming? WATCH NOW
BY MARK MATHIS: California's billion dollar high speed rail project has been derailed. Who could have seen that coming? WATCH NOW
By Ronald Stein It has been 10 years since passage of California Proposition 1A the High-Speed Rail Act that approved the $9.95 billion bond, a down payment on a high-speed rail project that was optimistically estimated by proponents at that time to cost $40 billion. Today, the California high-speed rail cost may approach $100 billion. Public enthusiasm is obviously dwindling.