California high-speed rail train cost estimates rise to $98.5 billion

(Source: Los Angeles Times, November 1, 2011)

LOS ANGELES California's bullet train will cost an estimated $98.5 billion to build over the next 22 years, a price nearly double any previous projection and one likely to trigger political sticker shock, according to a business plan scheduled to be unveiled Tuesday.

Full story: Los Angeles Times

Tuesday, November 1, 2011
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http://www.ble-t.org/pr/news/headline.asp?id=33641

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