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Friday, October 30, 2026Oct 30

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High-speed rail cost estimate triples

Once again, taxpayers are being put on the hook for an impractical, expensive, government-funded passenger railroad scheme.

In this instance, it’s a “bullet train” stretching from Southern to Northern California.

The train would be funded by a combination of federal and state money — meaning that all U.S. taxpayers, not only those in California, will have to foot the bill.

And what a bill it is!

Originally, the high-speed rail was supposed to cost “only” about $34 billion.