The $130 billion train to nowhere.

In the annals of stup*d and poorly run schemes, the California High-Speed Rail project ranks among the worst. Its future, even a dramatically scaled down one, has become ever more precarious since the Trump administration’s Department of Transportation rescinded $4 billion in funds already granted the project.
Governor Newsom has already filed a suit to reverse the action, but he can’t legislate away the reality that this project is an abject embarrassment. When voters approved $9 billion for the plan in 2008, the California High-Speed Rail Authority estimated that it would cost $33 billion and start running by 2020 – and that was just for the San Joaquin Valley portion. The cost has since ballooned to $130 billion, and no stretch is operational.
In neither the short-term nor the mid-term is there a way of providing the promised San Francisco to Los Angeles service in 2 hours and 40 minutes. Instead, the plan is now for the train to work in a “blended” fashion, mixing with conventional and freight trains in parts of the San Francisco and Los Angeles metropolitan areas. To say the least, a line running from the Central Valley hubs of Bakersfield, Fresno and Merced hardly seems a romantic return to the rails of the past.

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https://archive.is/QlCTE#selection-595.0-631.370

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