A train.
(Image credit: Illustrated | iStock)

How much can a train cost? According to the latest projections from the California High Speed Rail Authority, the answer is over $100 billion. In a business plan released on Tuesday, the agency raised its estimate of the cost to build a 500-mile system connecting San Francisco and Los Angeles. Including the new $5 billion increase, the total is now more than three times the initial budget of $33 billion.

That ever-growing price tag reflects a mounting crisis for American infrastructure: It costs too much. While the budget was modest compared to this California rail effort, the Second Avenue subway in New York cost $4.5 billion — about twice as much as comparable projects in other parts of the world. Nor are trains the only problem. Roads, bridges, and energy projects face similar obstacles.

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Samuel Goldman

Samuel Goldman is a national correspondent at TheWeek.com. He is also an associate professor of political science at George Washington University, where he is executive director of the John L. Loeb, Jr. Institute for Religious Freedom and director of the Politics & Values Program. He received his Ph.D. from Harvard and was a postdoctoral fellow in Religion, Ethics, & Politics at Princeton University. His books include God's Country: Christian Zionism in America (University of Pennsylvania Press, 2018) and After Nationalism (University of Pennsylvania Press, 2021). In addition to academic research, Goldman's writing has appeared in The New York Times, The Wall Street Journal, and many other publications.