"no viable plan"
"a political stunt to punish California."
"This action reflects the State's assessment that the federal government is not a reliable, constructive, or trustworthy partner in advancing high-speed rail in California,"
"This project was Severely Overpriced, Overregulated, and NEVER DELIVERED."
California dropped its lawsuit after the U.S. Transportation Department slashed $4 billion in funding for the long-delayed high-speed rail project linking San Francisco and Los Angeles. The federal government judged that the rail authority had "no viable plan" to complete a major Central Valley segment. The rail authority said it will shift focus to other funding sources, seek private investors, and relies on $1 billion annually from the state's cap-and-trade program through 2045. Governor Gavin Newsom called the funding withdrawal "a political stunt to punish California." The authority criticized the federal government as an unreliable partner.
Read at ABC7 Los Angeles
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