Report urges delay in bullet-train funding decisions
Wednesday, April 18, 2012 - 02:04
in Mathematics & Economics
Most funding 'remains highly speculative,' the California Legislative Analyst's Office says. The high-speed rail agency's chief says the project's environmental and economic benefits were overlooked.The plan to build a bullet train has so many funding uncertainties and so many other details that remain unclear that the state should delay any decision this year to commit billions of dollars to the project, the nonpartisan research branch of the Legislature recommended Tuesday.