Costs Rise (Again) for California High Speed Rail, And Will it Even Be High Speed?

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The future of high-speed rail in California remains in jeopardy as funds dry up. Now, the Los Angeles Times reports that the High-Speed Rail Authority will have to approve at least another billion dollars in cost overruns to pay its contractors. Also in question: Will it even be high speed? We get the latest on the state’s expensive, delayed, and mismanaged bullet train project.