$4 billion in federal funding could be pulled from California’s high-speed rail project within 37 days.
The Trump administration found “no viable path” forward to complete California’s high-speed rail project following a nearly four-month investigation that jeopardizes $4 billion in federal funding.
In a 315-page compliance review released Wednesday, the Department of Transportation cited budget shortfalls, missed deadlines and a misleading projected ridership to connect San Francisco to Los Angeles via fast rail. The review targets federal grants for construction in the Central Valley. Those funds could be pulled within 37 days following the high-speed rail authority’s response.
“CHSRA relied on the false hope of an unending spigot of Federal taxpayer dollars,” the Federal Railroad Adm