Source: New York Post
Gavin Newsom’s transport secretary has admitted criticism of California’s high-speed rail is justified — as estimates of the project show it will be a struggle to be completed. Officials now say it will cost an eye-watering $126 billion to finish the line from Los Angeles to San Francisco — which is more money than Amtrak has ever received from the federal government since it was established in 1971, a damning 60 Minutes report revealed. That’s and a huge uptick when compared to the $33 billion voters were told the rail would cost when it was announced way back in 2008.
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