What are the projections for California High-Speed Rail?

Structures complete/in progress are at 74% for 2022, projected 86% in 2023. Miles of guideway complete/in progress is at 74% in 2022, projected 81% in 2023. Overall contract is at 66% in 2022, projected 72% in 2023.

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How far over budget is California high speed rail?

The cost of that partial system is now higher than the $33-billion estimate for the entire 500-mile Los Angeles-to San-Francisco system when voters approved a bond in 2008. What's worse, that full system cost is set at up to $128 billion in the update, leaving a total funding gap of more than $100 billion.

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Is California high speed rail worth it?

This investment has spurred economic benefits around California and across the country. Investment in high-speed rail is supporting jobs, labor income and economic output across a number of California's regions, including some of those hardest hit by the Great Recession.

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Will California ever get high-speed rail?

How long has California been trying to build high-speed rail?

The passage of Proposition 1A in 2008, followed by the awarding of federal stimulus funds in 2010, established the initial funding for the California High-Speed Rail system. Construction contracts began to be awarded in 2013, and the groundbreaking ceremony for initial construction was held on January 6, 2015.

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Why is California’s high-speed rail taking so long?

Various aspects of the project have drawn criticism, including its route, its management, delays in buying land and building the line, very inaccurate initial cost estimates, cost overruns, and insufficient funding to complete the system.

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Who pays for California high speed rail?

Funding for California high-speed rail has come from the legislative appropriation of state special funds and from federal competitive grants.

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