A new report says California’s proposed high-speed railroad could cost state taxpayers more than three times the official $43 billion cost projection.
This $138 billion estimate comes from a trio of Bay Area analysts who have followed the project, which was conceived to carry residents from San Francisco to Los Angeles in about 2½ hours. Read More
The public relations firm awarded a $9 million contract to promote California’s high-speed rail operations announced last week that it would be quitting its role as the agency’s mouthpiece, just before the state authority was set to fire it. Read More