California's $98.5-billion bullet train project has become "increasingly risky" because of uncertainty about where the money will come from to finish even the first phase, the state auditor warned Tuesday.
The California Legislature should not authorize the issuance of $6 billion in bonds to start building the state's $98.5 billion bullet train project, a state-appointed review panel says in a key report to be released Tuesday.
When it comes to spending staff hours and taxpayer dollars planning for California’s pricey and contentious high-speed rail project, City of Gilroy officials say they’re nearing the end of the line.
A dozen Republican congressman have asked the nonpartisan U.S. Government Accountability Office to study California's controversial high-speed rail project, citing "questionable ridership and cost projections."