Kris Ankarlo Reports: The high speed rail timetable has slowed down.
The High-Speed Rail Authority has released its first business plan since a new CEO took over. The plan shows a jump in costs and a delay in building.
The cost estimate for the high speed rail is now $77 billion and the targeted completion date for the entire system has moved back to 2033. The first section in the Central Valley is expected to open in 2022.