Cost of California’s Bullet Train Hits $98 Billion Due to Spiking Tunnel Costs
California’s bullet train appears to have released a “High Case” estimate of $98.1 billion to prepare the public for much higher tunneling costs.
California bullet train
California Bullet Train Cost Doubles to at Least $77.3 Billion
The “Base Case” estimated cost to build California’s bullet train from San Francisco to Los Angeles has doubled to $77.3 billion, and could almost triple to $98.1 billion.
Boring Company Wins First Hyperloop Commercial Drilling Approval
Washington, DC, has issued the Boring Company its first commercial drilling permit for a Hyperloop tunnel that CEO Elon Musk promises will eventually offer a 29-minute service to downtown New York City. The drilling permit follows Musk’s July tweet that he had “verbal government
High-Speed Rail Cost Spikes To $89 Million Per Mile
The cost to build the first 119 miles of California’s high-speed rail project across flat ground in the Central Valley has spiked to $89.1 million per mile.
L.A. Metro Officials Still Hope President Trump Will Deliver Funds
California’s local and state-wide transportation agencies are still relying on President Donald Trump to provide federal funding to run and build their transit operations, despite Republicans’ resistance to funding high-speed rail.
Republicans Ask Trump to Block Funding California High-Speed Rail
California’s House Republicans have penned a letter to President Donald Trump asking him to block a pending $650 million federal grant for California’s troubled high-speed rail project until an audit of the project’s finances is completed.
