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Podcast: News For Reasonable People
Episode: California high-speed rail faces $7 billion shortfall, risks halting progress by next June
Description: More trouble tonight for the state's controversial high-speed rail project.It now needs a lot more money fast.At a budget hearing in the state assembly Wednesday, California Legislative Analyst Office representative Helen Kerstein told lawmakers the project is now reporting it's $7 billion short of what it needs by next June, 2026, and Kerstein says that's not all.“There is no specific plan to meet that roughly 7 billion dollar gap from Merced to Bakersfield. We also think there's some risk that that gap could grow,” said...