House panel hearing focuses on California bullet train finances

(Source: Los Angeles Times, January 15, 2014)

WASHINGTON, D.C. -- The California bullet train agency is continuing to meet its financial obligations under federal grants that are providing $3.2 billion to the project, but the state has not indicated how it will pay $180 million in required matching funds by April 1, a senior federal official told a congressional panel Wednesday.

Full story: Los Angeles Times

Thursday, January 16, 2014
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