A judge in Sacramento has rejected a request from the California High-Speed Rail Authority to sell $8 billion of the $10 billion in bonds approved by voters in 2008. This throws the funding and construction of the route - set to run through the Antelope Valley - into doubt. What should happen next?
Officials should redo the funding plan - estimated at $68 billion and rising - with more private sector contributions instead of taxpayer dollars.
Scrap the whole high-speed rail idea - it’s a boondoggle.
Focus on using a “blended system” that would upgrade existing train tracks at a fraction of the cost.
Take the bus.
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