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Home Front: Politix |
US to audit grants awarded to California bullet train |
2018-04-14 |
The Browndoggle gets the attention it deserves: a costly untenable plan built on lies to voters [SanDiegoUnionTribune] California's high-speed rail project is facing an audit from the U.S. Department of Transportation's as costs continue to climb. The inspector general's audit, announced Thursday, will examine the Federal Railroad Administration's oversight of nearly $3.5 billion in federal grant money awarded to the project. It comes as the plan to bring travelers between Los Angeles and San Francisco in less than three hours faces growing scrutiny. A business plan released in March shows the state does not have the roughly $30 billion needed to complete the first phase of the project between the Central Valley and San Francisco. The entire project, meanwhile, is expected to cost $77 billion. State auditors are also conducting a review. The authority's new chief executive has pledged more transparency about the project's troubles. |
Posted by:Frank G |
#6 Who's going to do the Auditing? Fianstien, Boxer, and Pelosi Auditors Limited? |
Posted by: CrazyFool 2018-04-14 13:50 |
#5 the feedgrant was meant to entice private partners, all of which know it's a loser moneypit without Fed/State subsidies - which the ballot measure disallows |
Posted by: Frank G 2018-04-14 12:28 |
#4 I thought it was a $40B grant. |
Posted by: gorb 2018-04-14 12:25 |
#3 You talk about train wrecks... Lemme guess, the grant was awarded by the Obama administration? I wanna know exactly what ties the contractors have with Moonbeam and other powerful California pols. |
Posted by: Abu Uluque 2018-04-14 12:21 |
#2 If the audit finds egregious irregularities, claw back. Then watch the same pols who called tax cuts "crumbs" start talking about how paying back the misused funds is a "burden on the taxpayer." Bwahahahahahahahaha... |
Posted by: M. Murcek 2018-04-14 09:25 |
#1 ...Popcorn, anyone? That and Moonbeam allowing the Cali NG to go to the border suggests that people there might be reconsidering their attitudes. Mike |
Posted by: Mike Kozlowski 2018-04-14 08:13 |