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$68.4 billion

The new estimated cost of California's high-speed rail project -- down from nearly $100 billion a few months ago, according to Gov. Jerry Brown's office. The significant drop has made some lawmakers skeptical of the project's new price tag.

The new estimated cost of California's high-speed rail project -- down from nearly $100 billion a few months ago, according to Gov. Jerry Brown's office. The significant drop has made some lawmakers skeptical of the project's new price tag.

Caroline Cournoyer is GOVERNING's senior web editor.