I wondered roughly how that compared to highway costs, and I found that it's about four times as muchThat would imply that the US has several trillion dollars invested in its highway system, correct? Does that number pass the smell test to you?
Wiki reports that our ~45,000 mile interstate highway system cost about 425 billion, or a hair under $10 million a mile, in 2006 dollars. That's under a twentieth of what the LA transit folks are quoting. (I think they're doing creative accounting by reclassifying part of construction as operating expenses, which is a frequent trick in this field, but I've got nothing to back that up.)
http://en.wikipedia.org/wiki/Interstate_Highway_System