The Trump administration is re-evaluating California's high-speed rail project, potentially retracting $4 billion in federal funding due to delays and financial issues. Originally approved in 2008 for $10 billion, the project faced rising costs, now estimated at $106 billion for completion within 20 years. State officials aim to operate a 171-mile segment by 2033 but rely on substantial federal assistance. Previous funding cuts were reversed under the Biden administration, intensifying the pressure on the project amidst increased scrutiny from the federal government.
I am directing my staff to review and determine whether the (California High-Speed Rail Authority) has followed through on the commitments it made to receive billions of dollars in federal funding.
The rail authority's most recent business plan counts on receiving up to $8 billion in federal money to help close a funding gap.
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