What's ahead for bullet train funding? Hearing outlines the many risks – LA Times

Monday, March 28, 2016

About half of the funding needed to build an initial operating segment of California's bullet train faces legal, political and financial risks, state analysts told an Assembly hearing Monday — although officials expressed confidence that they could navigate any pitfalls.

"We have to go into this with our eyes wide open," said committee chairman Jim Frazier (D-Oakley). "Proceeding with this project will not be for the faint-hearted."