The Trump administration has revoked $4 billion in federal funding for California's high-speed rail project, raising questions about its future and the state's ability to fulfill its promises. With cost estimates soaring, state officials scramble for private investment.
In a dramatic move, President Trump announced the rescinding of $4 billion in federal funding for California's High-Speed Rail project, citing budget overruns and delays. California officials vow to fight back against this decision, claiming it is illegal.
Trump's recent announcement about cutting federal grants for California's high-speed rail project has sparked outrage. Governor Gavin Newsom vows to fight back, claiming the move benefits China. With costs ballooning to $135 billion, the future of the project hangs in the balance.
In a surprising move, Donald Trump announces a $4 billion funding cut for California's high-speed rail project, citing lack of viability and budget issues. Tensions rise as California officials defend the project's progress.
The Trump administration is investigating California's high-speed rail project and considering withdrawing $4 billion in federal funding due to cost overruns and delays. State officials are focusing on a 171-mile stretch connecting Bakersfield and Merced, with the entire project now estimated to cost $106 billion.