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