Kevin Kiley: “I would like to provide an update on the latest unbelievable revelations concerning high-speed rail, the high-speed rail…”

“I would like to provide an update on the latest unbelievable revelations concerning high-speed rail, the high-speed rail disaster in California. Yesterday, California's legislative analyst testified before the State legislature that the project faces a $7 billion budget gap and that the funds must be secured by next June. The legislative analyst's spokesperson said: ``There is no specific plan to meet that roughly $7 billion gap. We also think there is some risk that that gap could grow.'' Indeed, the hearing at which the legislative analyst testified was very brief because the California High-Speed Rail Authority submitted an incomplete update to those who had organized the hearing. The high- speed rail authority can't manage to complete anything on time, even its own reports to the legislature, let alone a high-speed train from Los Angeles to San Francisco or even that very first segment from Bakersfield to Merced, which is now projected to miss the 2033 deadline. Listen to the bipartisan pushback that this is getting. Assembly Member Steven Bennett, a Democrat from Ventura, said: ``We have no plan.…”