Which Way, L.A.?
Do-or-Die-Time for California's Bullet Train
High-speed rail must build now or lose $2.2B in federal funding. Also, local pastors divest money from big banks. Will McCourt sell the Dodgers? And the Beltway Bubble.
By Warren Olney • • 52m ListenIn 2008, voters approved a route from LA to San Francisco but today, the High-Speed Rail Authority said costs have more than doubled and that completion will be delayed by 13 years. It's never been clear where all the money would come from or why the first leg will go from Chowchilla to Bakersfield. In any case, the Authority's under the gun to start building now or lose $2.2 billion in federal start-up funding. We get the latest. Also, local pastors divest money from big banks. On Reporter's Notebook, is Frank McCourt about to sell the Dodgers? On our rebroadcast of today's To the Point, do America's movers and shakers live in a bubble?
Banner image: Illustration of a typical Anaheim grade crossing along with high-speed rail. Illustration courtesy of the California High Speed Rail Authority.
