Another $5 billion has been added to the cost of California’s ambitious but long delayed high-speed rail line, according to estimates released Tuesday that show it could take $105 billion to finish the route from San Francisco to Los Angeles. The figures were included in the California High Speed Rail Authority’s latest biennial business plan. The project's price tag has steadily risen since voters first approved nearly $10 billion in bond money for it in 2008, when the total cost was pegged at $40 billion.
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Costs climb again for California’s high-speed rail project
