California abandons $77 billion high-speed rail plan

Axios | 2/12/2019 | Shannon Vavra
spiderMonkey (Posted by) Level 3
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California Gov. Gavin Newsom announced Tuesday that the state will no longer pursue plans to build an estimated $77 billion high-speed rail line between Los Angeles and San Francisco because the project "would cost too much and respectfully take too long," per the AP.

The big picture: The project was years behind schedule with an estimated completion date of 2033. It...
(Excerpt) Read more at: Axios
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