USA Did $98.5 billion high-speed rail project just hit a wall in California?

An independent review panel says the plan for a high-speed rail corridor linking northern and southern California poses 'an immense financial risk' to the state and should not move forward.

California High Speed Rail Authority/AP

Drawing a battle line over a high-speed rail project in California – and adding a yellow caution light nationally – a trusted and independent review panel has recommended that California not move forward on its proposed $98.5 billion bullet train, saying it poses “an immense financial risk.”