By The Orange County Register Editorial in The Orange County Register

July 6, 2016

We have become accustomed over the years to the California High-Speed Rail Authority’s bogus numbers, wildly optimistic assumptions, lack of realistic planning and baseless promises of tens of billions of dollars in private-sector or federal funds. Now, another excellent report on the disastrous project by Ralph Vartabedian of the Los Angeles Times finds that the beleaguered rail authority hid evidence provided by a private-sector bidder that supports what critics of the project have been saying from the beginning: There is no way the system will be able to operate without massive ongoing government subsidies.

The latest revelation came from a bid proposal from Spanish multinational infrastructure developer Ferrovial, which earlier this year ended up winning its bid to construct a 22-mile segment of the project south of Fresno for $348 million.

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