TightWind is written by Kyle Baxter. Stay Hungry. Stay Foolish.

California’s high speed rail project is way over budget:

For the second time since voters approved California’s massive bullet train project, the state on Tuesday raised the total price tag for the first stretch by several billion dollars — and now the cost for the entire rail line is on pace to skyrocket to an eye-popping $60 billion to $80 billion or even more.

The project was supposed to cost $33 billion.

I hear it’s going to be really fast, though.