Feds To Audit CA High-Speed Rail Project As Funding Flounders

 

By Ed Morrissey | Originally published in Hot Air

Gee, I wonder what federal auditors will find — besides a phantom train set and a lot of wasted money? With a new study out showing that California doesn’t have the funding to complete even the first phase of their high-speed rail project, the Inspector General for the Department of Transportation will open the books to see how federal monies have been spent:

California’s high-speed rail project is facing an audit from the U.S. Department of Transportation’s as costs continue to climb.

The inspector general’s audit, announced Thursday, will examine the Federal Railroad Administration’s oversight of nearly $3.5 billion in federal grant money awarded to the project.

That’s bad news for a project that has already had plenty of bad news over the last several years. The IG will apparently focus mainly on how the FRA has performed in reporting on California’s progress rather than the performance of the California High-Speed Rail Authority. At issue will be whether the FRA has enforced project performance requirements, but that will still point out the lack of progress California has made despite all of the cash it received:

Click here to read the rest of the article.


Get Citizensjournal.us Headlines free  SUBSCRIPTION. Keep us publishing – DONATE

Leave a Reply

Your email address will not be published. Required fields are marked *