California's high-speed train line years behind, billions over budget

high-speed train

On March 9, California transportation officials admitted that the long-awaited high-speed train line between San Francisco and Los Angeles was four years behind schedule and around $13 billion over budget.

According to the latest business plan by the California High-Speed Rail Authority, the project is now expected to cost at least $77.3 billion. Its completion date has also been pushed back to 2033.