Denver Rail Project Costs More than Expected

“Projected costs [of a Denver rail project] have ballooned to nearly $7 billion, and the system faces a budget gap of $2.2 billion, mainly because of a sharp drop in sales tax revenues … Voters could be presented with a proposed sales tax increase as early as next year to finish a system that remains mostly an idea.” (New York Times, Thursday)

Don’t say we told you so.

FEE Timely Classic:
Mass Transit Mess” by John Semmens

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