Friday, California's High-Speed Rail Authority published its draft 2018 Business Plan. Its 800-mile bullet-train project's estimated cost is now $77.3 billion, up from $64 billion two years ago, and its final completion has been pushed out another four years to 2033. The current estimate is now more than 70 percent above the $45 billion presented to voters in 2008. The related Associated Press story failed to disclose that original cost estimate, as did three leading California newspapers. The Authority's draft discloses that "More than $3 billion has been expended to date on construction in the Central Valley and planning for...