As budget cuts eat into infrastructure spending, the future of high-speed rail is beginning to look shaky. A government review in California has recommended the state not sell bonds to finance the next stage of the railroad between San Diego and San Francisco because it doubts the project is financially viable. Still construction firms and financiers are pressing ahead, as is the governor of California, Jerry Brown. This setback could also be problematic for projects in the Southwest like the Anaheim to Las Vegas link that is not yet off the drawing board. So what is the future of high-speed rail?

 

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