CA High-Speed Rail Cost Explodes to $231 Billion, From Original $33 Billion

California’s High-Speed Rail boondoggle is now estimated to cost taxpayers $231 billion, up from its original $33.5 billion price tag in 2008 when voters passed Proposition 1A. “Our country has never seen a fiscal disaster of this magnitude,” California Rep. Kevin Kiley said on X Monday. Voters were deceived by the original ballot summary and language in Proposition 1A from 2008, but the state’s lawmakers seem to find that fact inconvenient. And, the entire project is lacking in private, public and debt funding to complete even the most minor operating segment – nearly 20 years later. “If it is built,...