Troubled bullet train project may finally get long-deserved audit

Since California voters approved $9.95 billion in bond seed money for a $43 billion statewide high-speed rail network in 2008, the project has produced an unending flow of bad news. It’s now seven years behind schedule and has ballooned in price to at least $64 billion while shrinking in scale. Earlier this month, a project consultant said the initial segment in the Central Valley was likely to cost $10.8 billion — 77 percent higher than the original $6 billion estimate.