I stand in strong support of the House Transportation Committee's investigation into California's so-called high-speed rail project. This project has truly been a disappointment of historic proportions. It has now tripled in cost to $128 billion with little more to show for it after 15 years than one bridge to nowhere that was recently unveiled. The House Transportation Committee, in addition to its Senate counterpart, is demanding documents on the Biden administration's decision to allocate substantial Federal taxpayer dollars to this highly questionable endeavor when there is no reasonable path forward for successful completion. In fact, a New York Times expose found the train is not even on track to be completed this century. A lead operator several years ago abandoned the project to build in North Africa where it was ``less politically dysfunctional'' than California. That operator, by the way, brought a high-speed train online in Morocco in 2018. The letter from Chairman Graves and Senator Cruz goes into some detail about the problems that have beleaguered the California High- Speed Rail Authority, CHSRA. It says: ``Despite California's reputation as a high-tax State, the high-speed rail project far exceeds the State's ability to finance the project, and it is now seeking Federal subsidies. In March 2023, CHSRA Peer Review Group, whose job is to evaluate CHSRA's funding plans, sounded the alarm.…
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