New Data: $126 BILLION High Speed TRAIN Fiasco to Nowhere —ZERO Financing & Zero Tracks Completed! episode artwork

EPISODE · Apr 9, 2026 · 24 MIN

New Data: $126 BILLION High Speed TRAIN Fiasco to Nowhere —ZERO Financing & Zero Tracks Completed!

from News For Reasonable People · host Sean Reynolds

California's ambitious high-speed rail project is under fire after a '60 Minutes' exposé revealed massive cost overruns and delays. Originally projected at $33 billion, the project's cost has ballooned to over $125 billion, with no functional rail line connecting major cities. Critics like Rep. Vince Fong are calling it a 'bait and switch,' as voters were promised a system connecting San Francisco and Los Angeles. The current plan involves a much shorter route between Bakersfield and Merced, a fraction of the originally promised distance. Even California officials admit mistakes were made, highlighting the project's mismanagement and questionable financial planning. With completion years away and costs still rising, the future of California's high-speed rail remains uncertain under Newsom's leadership.

California's ambitious high-speed rail project is under fire after a '60 Minutes' exposé revealed massive cost overruns and delays. Originally projected at $33 billion, the project's cost has ballooned to over $125 billion, with no functional rail line connecting major cities. Critics like Rep. Vince Fong are calling it a 'bait and switch,' as voters were promised a system connecting San Francisco and Los Angeles. The current plan involves a much shorter route between Bakersfield and Merced, a fraction of the originally promised distance. Even California officials admit mistakes were made, highlighting the project's mismanagement and questionable financial planning. With completion years away and costs still rising, the future of California's high-speed rail remains uncertain under Newsom's leadership.

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New Data: $126 BILLION High Speed TRAIN Fiasco to Nowhere —ZERO Financing & Zero Tracks Completed!

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This episode was published on April 9, 2026.

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California's ambitious high-speed rail project is under fire after a '60 Minutes' exposé revealed massive cost overruns and delays. Originally projected at $33 billion, the project's cost has ballooned to over $125 billion, with no functional rail...

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