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California High-Speed Rail in Crisis | Venice Beach News
California’s high-speed rail is teetering on collapse—facing a $9.5 billion funding gap by December 2027 unless lawmakers act fast. An inspector general’s report reveals hidden cost spikes, delayed timelines pushing completion to 2034, and secret train procurement changes. With only $2.2 billion available for the next fiscal year, officials are eyeing state borrowing or private investment—but that could add $3.6B–$6.6B in interest alone. Transparency demands and legislative hearings loom with an August deadline. The clock is ticking on one of America’s most ambitious infrastructure dreams…
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