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California high-speed rail funding could be in jeopardy

(Source: Los Angeles Times, January 3, 2012)

LOS ANGELES — The Legislature should not authorize the issuance of $2.7 billion in bonds to start building California's $98.5-billion bullet train project, a state-appointed review panel says in a key report released on January 3. The conclusion by the California High-Speed Rail Peer Review Group is a serious blow to the project as it is currently designed because state law specifically empowered the group to make recommendation before any serious money on the train could be spent.

Full story: Los Angeles Times

Thursday, January 5, 2012

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