California High-Speed Rail Price Tag Jumps To $231 Billion

Longtime Slashdot reader schwit1 writes: California's long-delayed high-speed rail project is now facing renewed scrutiny after state leaders revealed a dramatically higher price tag, now estimated at roughly $231 billion, nearly seven times the original $33 billion projection approved by voters in 2008. The revised figures have reignited talks in Sacramento over whether the project can realistically be completed, how long it will take, and whether the state can continue to fund it at this scale. Senator Strickland pointed to comments from Lou Thompson, former chair of the California High-Speed Rail Authority peer review group, who recently criticized the latest draft business plan. Thompson wrote that the 2026 draft plan "has reached a dead end," arguing that the project has drifted far from its original vision due to escalating costs, delays, and unfunded gaps. Under current projections, assuming funding and construction proceed as planned, service between San Francisco and Bakersfield could begin around 2033, while the full Los Angeles to San Francisco connection could extend to 2040.