California's high-speed rail project will now require approximately $1 billion per year to sustain itself, which will ultimately cost at least $100 billion, rather than the originally promised $33 billion.

...Voters originally approved a $9.95 billion bond issue in 2008 after absurdly low estimates of the projected cost. Now, the only thing moving fast is the money leaving the state coffers despite a growing, massive deficit. https://t.co/6SAIloUxzl

— Jonathan Turley (@JonathanTurley) August 27, 2025