California Rail Plan Remains Overly Optimistic
3rd March 2026
The California High-Speed Rail Authority doesn’t expect to complete the rail project before 2040, and it predicts that, when completed, it will have cost $126 billion, according to the agency’s latest business plan. While that’s not really news, what is news is that a close look at the plan reveals that it is as unrealistically optimistic as when the agency projected it would cost $33 billion and be completed by 2020.
My, what a surprise….