High-Speed Rail: Could It Lose Federal Funding? - New York News

High-Speed Rail

High-Speed Rail: Could It Lose Federal Funding?

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We've been covering the controversy over California's multi-billion dollar bullet train project. Now we've learned that delays may be putting the entire project in jeopardy of losing its federal funding.

We've now obtained court papers quoting high-speed rail authority's top people saying they are at risk of missing a major federal construction deadline. And if they miss that deadline, California taxpayers could find themselves having to pay back billions. 

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