Even the Feds are Warning that California's Bullet Train Is a Disaster in the Making

Even the Feds are Warning that California's Bullet Train Is a Disaster in the Making - Hit & Run : Reason.com:
"Just days after California Gov. Jerry Brown warned that the state was slipping back into deficit spending ($1.6 billion by next summer), the Los Angeles Times got its hands on a confidential internal report from the Federal Railroad Administration that points the fingers right back at the governor when it comes to wasteful spending.
Even the feds believe the state is drastically understating the costs of it's massive high-speed rail project, approved by voters years ago but with only a small portion of the project funded.
Just the first leg of the $70 billion project could cost billions more than budgeted, $10 billion instead of $6.4 billion. 
And the project is already way behind schedule.
The report predicts the first stretch of track (in the center of the state) won't be completed until 2024, seven years behind schedule..."