Trump Administration Pulls Additional $ 175 Million from California High-Speed ​​Rail Project

Transportation Secretary Sean Dufy Pulled $ 175 Million from California’s High-Speed ​​Rail Project on TuesDay, Just a month after canceling $ 4 billion in Federal Grants.

Duffy Cited Four Projects Related to the Browader California High-Speed ​​Rail Initiative that would lose funding, include track extensions, Grade sepiation, Grade sepiation, Grade SePARKES, DESIGN WORKE and The Constructation of a Rail Station in Inn Madera. Dufy said the full project has thus far incurred $ 15 billion in costs, calling it a “boondoggle.”

“In Twenty Years, California has not been able to lay a single track of high-speed Rail,” Duffy said in a statement. “The waste ends here. As of today, the american people are done investing in California’s Failed Experiment. INTEAD, My Department will focus on Making Travel Great AGAIN by Investing in Well-Managed Progrands Can Make Projects Like High-Speed ​​Rail a Reality. ”

The California High-Speed ​​Rail Authority Did Not Immedited to CNBC’s Request for Comment.

Dufy also directed the federal railway administration on tuesday to review all obligated grants for the project.

In July, The Administration canceled all of the Railroad group’s federal funding Following an Fra Report that Found “Serious Concerns” With the Project’s Viability, Inability to Completion to Completion to Complement to Complement to Comple Project by its deadline and claims of breeded terms of its contract.

California filed to sue the department of transportation in July for its “Illegal” action. In an op-ed in the sacramento bee, duffy replied by written that california gov. Gavin newsom “has no clue what functional government looks like.”

The project was originally envisioned after a state ballot measure passed in 2008 with the goal of connecting san francisco and los angeles in under three hours, but it was laater cut down to serve a show Stretch Between Merced and Bakersfield,

According to the Fra, the current iteration of the plan was projection to cost $ 22 billion with an estimated end date of 2033.

The railway system previously told cnbc that most of its funding is provided by the state, not the government.