The $4 Billion Failure: Julie Watts Exposes CA High-Speed RailThe California high-speed rail project is a contentious issue that has been plagued by delays and controversy. This episode delves into the latest developments, including a report that the state of California is still waiting on the federal government to provide funding for the project. The state's failure to meet deadlines has led to a lawsuit, which was eventually dropped after it became clear that the project was unlikely to be completed on time.
The conversation with Julie Watts, a correspondent for CBS News in California, sheds light on the complexities of the project. She explains that the state's argument was that it could still meet the final deadline, even if it didn't meet the initial deadline. However, the federal government pulled the funding, and the state was left without the necessary resources to move forward. The project's inspector general is now working on a bill to give him the resources and staffing he needs to hold the high-speed rail authority accountable.