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Editorial: Red flag for California high-speed rail?

(Source: Los Angeles Times, November 5, 2015)

LOS ANGELES — Did the California High-Speed Rail Authority downplay potential cost increases for the state's controversial bullet train? In a draft PowerPoint presentation dated October 2013, the agency's project management consultant estimated that the cost of the first phase of the line, from Burbank to Merced, could grow to about $36 billion. Yet the authority ended up putting a lower cost estimate in its official business plan released four months later, The Times recently reported.

Full story: Los Angeles Times

Thursday, November 5, 2015

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