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California bullet train cost rises by another $1 billion

Trump administration pulls $1B for California rail project
Posted at 11:07 AM, Feb 13, 2020
and last updated 2020-02-13 14:07:38-05

SACRAMENTO, Calif (AP) - The estimated cost to complete California's high-speed rail line has risen another $1.3 billion, to $80.3 billion. But construction is on schedule to meet a 2022 deadline to have about 20% of the track laid.

The cost bump is less than in previous years and is mainly because the plan pushes back the completion of a high-speed rail link between Silicon Valley and the Central Valley.

The plan released Wednesday comes amid pressure from state lawmakers to peel off more of the money to help urban commuters. The report instead emphasizes money already going to projects in the Los Angeles and San Francisco Bay areas.