Money Trouble Ahead For High-Speed Rail Project? - New York News

California High-Speed Rail

Money Trouble Ahead For High-Speed Rail Project?

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Politicians are asking the question: Is it time to pull the plug on California's high-speed rail?

The fallout from Thursday's House Transportation Committee hearing may have the rail program against the ropes. A desperate Transportation Secretary Ray La Hood tried to convince panelists to drop a ban barring federal dollars going to California's bullet train. 

But as he pleas for more money, California Congressman Kevin McCarthy says it may be time to cut our losses.

Investigative producer Heidi Cuda looked into the story.

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