As the most reliable and balanced news aggregation service on the internet, DML News offers the following information published by FOXNEWS.COM:
California’s biggest boondoggle just broke the bank.
Not only is the massive high-speed rail project 11 years behind schedule and billions in the red, managers are now saying they will need to ramp up spending to hit a 2033 deadline.
The article goes on to state the following:
California’s money pit cost taxpayers $3.1 million a day last year. But that’s small potatoes compared to what they’ll have to shell out over the next four if they want to meet their deadline and budget, estimated most recently by the New York Times at $100 billion.
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