Posted May 1, 2010, 7:14 PM
|
 |
The Man
|
|
Join Date: Apr 2009
Location: Tempe, AZ
Posts: 1,536
|
|
http://articles.latimes.com/2010/apr...-rail-20100430
Quote:
California high-speed rail plan troubled, official warns
The state auditor cites poor planning and uncertain funding. She says the result could be delays or a failure to complete the system.
April 30, 2010|By Patrick McGreevy, Los Angeles Times
California may not be able to complete a high-speed rail system, set to begin construction in 2012, because of poor planning and a lack of funding, the state auditor warned Thursday.
Auditor Elaine Howle reported that the authority overseeing the rail system could very likely fall billions of dollars short of what it needs to complete the project, even though California voters approved borrowing billions of dollars to help pay for it.
|
|