Calif. high-speed rail plan scaled back — to $68 billion | Times 247: California's high-speed rail authority released a fresh proposal Monday for a bullet train linking Northern and Southern California, with a price tag of $68.4 billion and a scaled-back design to address sustained criticism of a project that has been called a boondoggle and a train to nowhere.
The revised proposal speeds completion to 2028, about five years earlier, and puts the cost at $30 billion less than a draft plan released last fall. However, the cost is still $25 billion more than the plan voters approved four years ago. ...
The new plan also assumes an additional $4 billion from the federal government over the next 10 years, despite significant congressional opposition.
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