WasteOfTheDay: 'Pelosi's Subway' Costs $6.9 Billion

A San Francisco Bay Area subway extension originally estimated to cost $4.7 billion now has a $6.9 billion price tag and its start date has been pushed back three to four years.

The project to extend Bay Area Rapid Transit service through downtown San Jose will cost more than $1 billion per mile. The project is requesting $1.7 billion in federal funding. Congress has already provided $225 million.

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