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Catching a runaway train: The race to keep funding for CA's high-speed rail

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The first 130-mile segment of the proposed California high-speed rail line must be completed by September 2017 in order to not risk losing federal funding, reports the L.A. Times.

At a projected cost of $6 billion, California would be spending up to $3.5 million every day, including weekends and holidays, to finish by deadline, while the California High-Speed Rail Authority will need to acquire approximately 120 permits and 1,100 parcels of land and mobilize a massive workforce.

It would be "the fastest rate of transportation construction known in U.S. history, according to industry and academic experts," says the Times.

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