Why California’s $33B Bullet Train Is Now a $231B Problem | WSJ

California’s high-speed rail project promised to connect Los Angeles and San Francisco with trains traveling up to 220 mph. Eighteen years after voters approved Proposition 1A, the ambitious transportation project lacks any finished track and faces an uncertain future. Costs are now projected to reach $126 billion with land acquisition and regulatory hurdles still putting America’s largest active infrastructure endeavor in jeopardy. WSJ travels to construction sites, analyzes satellite images and reviews legal filings to explain what comes next for the multi-billion-dollar project. Chapters: 0:00 The California high-speed rail project 0:54 Th (Source: Wall Street Journal | Region: California, USA)