In case you are following the death of high speed rail in America, the LA Times has an article about the CA project that is now estimated to cost nearly $100 billion!

In a key change, the state has decided to stretch the construction schedule by 13 years, completing the Southern California-to-Bay Area high speed rail in 2033 rather than 2020.

By Ralph Vartabedian, Los Angeles Times

November 1, 2011

California's bullet train will cost an estimated $98.5 billion to build over the next 22 years, a price nearly double any previous projection and one likely to trigger political sticker shock, according to a business plan scheduled to be unveiled Tuesday.

In a key change, the state has decided to stretch out the construction schedule by 13 years, completing the Southern California-to-Bay Area high speed rail in 2033 rather than 2020.

The delay allows inflation to drive up the price over the additional years of construction.

The California High-Speed Rail Authority, the state agency running the project, plans to unveil the new business plan in a news conference Tuesday morning in Sacramento.

The authority's past two plans have been sharply attacked, not only by opponents but also by many supporters, for offering unrealistic construction cost and ridership figures.