The Trump administration revoked $4 billion in federal funding for California's high-speed rail project, exacerbating existing challenges regarding its completion. The project has faced delays and budget overruns since its approval by voters in 2008. Currently, state officials aim to construct a 119-mile segment connecting Bakersfield and Merced, with plans to start operations by 2033. Efforts are ongoing to secure private investment to address the project's exceeding costs, which are estimated to surpass $100 billion.
The U.S. Transportation Department announced it was pulling back $4 billion in funding for California's high-speed rail project, which has faced delays and increased costs.
President Trump labeled the project a 'train to nowhere', criticizing its cost and regulatory issues while asserting its failure to deliver on promised benefits.
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