House Republicans lead effort to reclaim $3.3B in Calif. HSR funds:

11/23/2011 | Los Angeles Times (tiered subscription model)

House Majority Whip Kevin McCarthy, R-Calif., and Rep. Jeff Denham, R-Calif., are leading an effort to take back $3.3 billion in federal grants allocated to California's proposed high-speed rail project. They argue that the project is not well planned and its estimated cost continues to rise. "We can't afford it when we have a $15 trillion debt that continues to grow and California is broke," said Denham.

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