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Study says California bullet train authority underestimates operating costs

(Source: Los Angeles Times, April 24, 2012)

LOS ANGELES — The state rail authority has grossly underestimated future operating costs of California's proposed bullet train, meaning taxpayers potentially will have to provide billions of dollars annually once the system is running, according to an analysis released Monday by a group of outside financial experts.

Full story: Los Angeles Times

Tuesday, April 24, 2012

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