The Trump administration has initiated an investigation into California's ambitious high-speed rail project, which could jeopardize $4 billion promised by the Biden administration for its development. Originally approved by voters in 2008 at an estimated cost of $45 billion, the project's costs have ballooned to $128 billion due to inflation and increased expenses. While Gov. Gavin Newsom scaled back focus to a 171-mile segment from Merced to Bakersfield, significant federal funding remains crucial for its completion amid ongoing financial uncertainties from shifting political priorities.
The Trump administration's investigation into California's high-speed rail project could lead to the clawback of $4 billion in promised federal funding by the Biden administration.
California's high-speed rail project has transformed from a $45 billion vision to a staggering $128 billion, with delays extending the timeline for completion by decades.
Collection
[
|
...
]