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CALIFORNIA BULLET TRAIN COSTS SOAR TO $77B; OPENING DELAYED

The projected cost of California’s bullet train between San Francisco and Los Angeles has jumped to $77 billion and the completion date has been pushed back four years to 2033, according to a business plan released last Friday.

The plan by the California High-Speed Rail Authority presents the latest setbacks for a project that’s been beleaguered by delays and cost overruns since voters first gave it

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