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LAO report: put brakes on bullet train

Wednesday, May 11, 2011

image That’s a triple-whammy report the nonpartisan Legislative Analyst’s Office just delivered on California’s bullet train, insisting that the price tag is more likely to be $67 billion than the advertised $43 billion, that funding has dried up, and that the high speed rail authority isn’t up to the job.

Add bullet train: Among other things, the LAO suggests that if the project goes forward it should begin in either the Bay Area along the Caltrain tracks through the Peninsula, or in the Los Angeles area, where people are, and not in the middle of the Central Valley.

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