Rail Authority Plans to Tap Private Sector - Fox 2 News Headlines

Rail Authority Plans to Tap Private Sector

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California High-Speed Rail Authority chairman Dan Richard says the system will attract private sector investors.

But a group of professors, economists and C-E-O's who've been studying the rail plan for years say that's unlikely. Some have concerns that L.A. taxpayers, who are picking up a big chunk of the tab, may never get their high-speed train.

Investigative producer Heidi Cuda reports.

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