Financing for California bullet train to bankruptcy in doubt

LA Times:

Sacramento judge's ruling throws bullet train's future in doubtIn a major legal blow, the court finds the state can't use billions in bond funding and must come up with a new plan to finance the massive $68 billion project.
This whole project never made economic sense.  Even if they could find financing for the project, there is little hope that it could ever be repaid out of the revenuers from the project.

It is time to stop wasting time and money on this boondoggle.


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