Archive: https://archive.today/CiHSf
From the post:
>The Trump administration is considering pulling federal funding from California's High-Speed Rail project after the US Department of Transportation revealed no track has been laid despite nearly $7 billion in taxpayer funds spent over 15 years.
The ambitious project, initially approved by voters in 2008 with a $10 billion budget, aimed to connect major cities in California, however, costs have escalated dramatically, with the total projected cost now ranging from $89 billion to $128 billion.
The Federal Railroad Administration has since issued a scathing 315-page report which cites key issues with the troubled project including missed deadlines, budget overruns and unreliable ridership projections.
The White House has now initiated a review to determine whether to rescind an additional $4 billion in federal grants allocated for the project's completion.
Archive: https://archive.today/CiHSf
From the post:
>>The Trump administration is considering pulling federal funding from California's High-Speed Rail project after the US Department of Transportation revealed no track has been laid despite nearly $7 billion in taxpayer funds spent over 15 years.
The ambitious project, initially approved by voters in 2008 with a $10 billion budget, aimed to connect major cities in California, however, costs have escalated dramatically, with the total projected cost now ranging from $89 billion to $128 billion.
The Federal Railroad Administration has since issued a scathing 315-page report which cites key issues with the troubled project including missed deadlines, budget overruns and unreliable ridership projections.
The White House has now initiated a review to determine whether to rescind an additional $4 billion in federal grants allocated for the project's completion.
(post is archived)