Rulings deal financial blow to high-speed rail | December 13, 2013 | Pleasanton Weekly | PleasantonWeekly.com |

Pleasanton Weekly

Opinion - December 13, 2013

Rulings deal financial blow to high-speed rail

California's proposed high-speed-rail system ran into a legal barrier last month when a Sacramento judge ruled that the funding plan for the $68 billion project must be rescinded and refused to endorse the selling of bonds for the project. The two rulings by Sacramento Superior Court Judge Michael Kenny dealt what opponents of the project described as "dual body-blows" to the California High Speed Rail Authority, which is charged with building the rail line between San Francisco and Los Angeles.

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