Panel Argues Against Bond Sale for High-Speed Rail Project
(LOS ANGELES) -- A panel reviewing California's proposed high-speed rail project recommended that the legislature should not authorize a new budget plan, according to the Los Angeles Times.
The California High-Speed Rail Peer Review Group says the government should not allow $6 billion in bonds to go towards the proposed $98.5 billion project.
Gov. Jerry Brown reportedly intends to ask the state legislature to sell bonds to start construction on the project.
The rail line would connect Los Angeles and San Francisco.
Copyright 2012 ABC News Radio






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