According to estimates released Tuesday, it could take $105 billion to finish the route from San Francisco to Los Angeles.
By KATHLEEN RONAYNE | The Associated Press
The project’s price tag has steadily risen since voters first approved nearly $10 billion in bond money for it in 2008, when the total cost was pegged at $40 billion. In the years since, the costs have kept climbing amid struggles to obtain the necessary land and other delays. Today, the rail authority is far short of the money it needs to complete the full project.
During the Obama administration, California won roughly $3.5 billion for the project, then former Republican President Donald Trump revoked about $1 billion of that. It’s been returned by the Biden administration.
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