This was the last update regarding the proposed "bullet train" between Los Angeles and San Francisco.
From The St Louis Dispatch, January 16, 2018:That was just two months ago. Wow. Now, today, this update from The Los Angeles Times:
- estimated cost for first phase climbed by 35% this week to $10.6 billion
- first phase: 119 miles; Central Valley
- entire project now projected at $67 billion; when voters approved project in 2008, project estimated to cost $40 billion
- the price of the California bullet train project jumped sharply
- the headline: the total cost is now projected to be $77.3 billion
- in fact, it's worse -- that's just low-balling; the "PR" folks didn't want to headline the fact that the "final" bill could be as high as $98.1 billion, which, of course, rounded is $100 billion
- state population: 40 million
- still only $2,500 per each California legal resident
- partial operation: no sooner than 2029 -- four years later than the previous projection
- segment from San Francisco to Bakersfield (are you kidding?)
- full system not operational until 2033
If you read the article, that's essentially what the writer is asking.