California judge cuts off state funding for high-speed train venture

Shown here is a rendering of the California High-Speed Rail Project. / CALIFORNIA HIGH-SPEED RAIL AUTHORITY
Shown here is a rendering of the California High-Speed Rail Project. / CALIFORNIA HIGH-SPEED RAIL AUTHORITY

A California judge has slammed the brakes on funding a pricey high-speed train project, in a move that could put the entire Los Angeles-to-San Francisco line in jeopardy.

The ruling Monday, by California Superior Court Judge Michael Kenny, was greeted as good news by critics of the ambitious but costly rail proposal.

Rep. Kevin McCarthy, R-Calif., the House majority whip, called the high-speed train an “unworkable boondoggle” and said Tuesday he’ll work with his colleagues in Congress to deny federal funding for it as well.

“The ruling marks yet another self-inflicted setback for the California High-Speed Rail Authority and a small victory for California taxpayers,” McCarthy told FoxNews.com. “The CHSRA has failed at every turn to detail a realistic plan that will fund this program. With no private funds, unreliable ridership numbers and the reliance on taxpayers to eventually bail the project out – it should not move forward.”

The ruling is the latest setback for champions of high-speed rail in California. It follows a recent decision by the federal government to suspend their review of a massive loan for a separate California-to-Vegas train.

Continued: http://www.foxnews.com/politics/2013/11/26/california-judge-cuts-off-state-funding-for-high-speed-train-venture/

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