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California's High-Speed Rail: $537M Settlement Sparks Controversy

2/10/2026

50 5 Full Breakdown

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Story summary
  • California's High-Speed Rail project reached a $537 million settlement with Dragados-Flatiron Joint Venture over delays.
  • Critics, including Assemblymember Alexandra Macedo, call the project a boondoggle and say it costs taxpayers about $215 million per mile.
  • California Governor Gavin Newsom visited the Central Valley to mark progress but faced backlash over financial mismanagement.
  • The state has committed $1 billion annually through 2045 to the project, prompting calls to redirect funds.
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