This episode of the John Phillips Show is a scathing critique of California's high-speed rail project, which has been plagued by delays, cost overruns, and a lack of progress. The speaker takes aim at Governor Gavin Newsom and Attorney General Bob Bonta, who have been touting the project as a vital part of California's transportation infrastructure, but have failed to deliver on their promises.

The conversation centers around a recent report by Julie Watts at CBS News Investigates, which reveals that the state's lawsuit against the federal government over the cancellation of high-speed rail funding was a loser from the start. The speaker argues that the state's failure to secure a contract for the train, as required by the federal government, was a major reason for the cancellation of the funding. This led to a four billion dollar cut in federal funding, which the state is still trying to recover from.

The speaker also touches on the topic of Gavin Newsom's tax returns, which were recently released after four years of not being made public. The tax returns show that the Newsoms are still multimillionaires, with an average income of two million dollars per year. However, the speaker notes that the tax returns do not provide a full picture of the governor's wealth, as they only show income and not assets.

In this episode, the speaker delivers a scathing critique of California's high-speed rail project and the politicians behind it. If you want to hear more about the project's many problems and the governor's questionable tax returns, tune in to this episode of the John Phillips Show.