California's bullet train could cost taxpayers 50% more than estimated — as much as $3.6 billion more. And that's just for the first 118 miles through the Central Valley, which was supposed to be the easiest part of the route between Los Angeles and San Francisco.
After a lengthy investigation, the Consumer Financial Protection Bureau reports that two of the three major credit reporting agencies have deceived consumers.
Both Equifax and Transunion were dinged for deceit and also for taking advantage of consumers. The agencies were fined over $23 million.
Related videos showed GSA officials rapping and playing with explosives a la Mission Impossible. They also included a video in which a "GSA employee tries conducting a seminar for a room full of screeching GSA employees/monkeys who continue drinking and partying until he joins them in a dance routine."
Fearing that allowing the San Juan government to wash their hands of over $70 billion in debt would set a dangerous and costly precedent, the House instead passed a measure that will give a control board the ability to right the island's wayward ship.
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