Delta tunnels plan's true price tag: As much as $67 billion

Last Updated: 1/7/2014

For more than a year, Gov. Jerry Brown's administration has been describing his plan to build two massive water tunnels through the Delta as a $25 billion project.

That would rank it as one of the largest public works plans in California history.

But when factoring in long-term financing costs, the price tag actually ranges from $51 billion to $67 billion, according to new figures that emerged last month.

Read more in this San Jose Mercury News article.