By Wall Street Journal Opinion in The Wall Street Journal
May 22, 2016
In 2010 the Obama Administration required that the first segment of California’s bullet train be built in the Central Valley since the less populated farmland was supposedly the most “shovel ready.” Now it is all but conceding that this mandate was a blunder.
Last week the Federal Railroad Administration amended a $2.5 billion grant agreement with California’s high-speed rail authority, extending the original deadline to complete the initial 118-mile track from Shafter to Madera by four years to 2022. The Department of Transportation will also advance the rail authority federal dollars rather than require California to spend its own cash upfront to receive matching funds.
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