18-01-2018 15:12 via feedproxy.google.com

Cost climbs by $2.8 billion for California bullet train

SACRAMENTO, Calif. (AP) — The estimated cost for the first phase of California’s bullet train climbed by 35 percent on Tuesday to $10.6 billion, the latest increase for the ambitious project to run a high-speed rail line from San Francisco to Los Angeles.
The $2.8 billion price hike for a 119-mile (191-kilometer) segment in the Central Valley puts the entire cost of the project at roughly $67 billion, although officials said they hope to recover the newly announced costs later. It wa
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