Trump administration withdraws $4 billion from California high-speed rail project

TL;DR Summary
The Biden administration has officially terminated $4 billion in federal funding for California's high-speed rail project, citing breaches of commitments and mismanagement, with California officials planning to challenge the decision and President Trump praising the move as a failure of the project.
Topics:nation#california-high-speed-rail#federal-funding#infrastructure#politics#project-termination#trump-administration
- Trump administration pulls $4 billion from California high-speed rail project CNBC
- Trump admin pulls plug on $4B for California's 'train to nowhere' project Fox Business
- Trump rescinds $4 billion in US funding for California High-Speed Rail project Reuters
- Governor Newsom responds to Trump’s latest gift to China: Defunding America’s only high-speed rail Governor of California (.gov)
- Trump rescinds $4bn in US funding for California high-speed rail project The Guardian
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
2 min
vs 2 min read
Condensed
88%
349 → 42 words
Want the full story? Read the original article
Read on CNBC