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California bullet train may be headed to cost overrun, FRA report says

(Source: Los Angeles Times, January 13, 2017)

LOS ANGELES — California’s bullet train could cost taxpayers 50% more than estimated — as much as $3.6 billion more. And that’s just for the first 118 miles through the Central Valley, which was supposed to be the easiest part of the route between Los Angeles and San Francisco.

Full story: Los Angeles Times

Monday, January 16, 2017

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