The ‘The Big Money Show’ panel discussed California’s decision to draw a plug on the high-speed rail project of California 16 years after not laying a track by President Donald Trump.
Transport Secretary Sean Dafi ended $ 4 billion in federal funding California’s high-speed rail project Wednesday, citing about $ 15 billion spent without a high -speed track.
The total cost of the project is estimated to be around $ 135 billion, each can buy Sarvar And Los Angeles on Wednesday from the US Transport Department as per an announcement, about 200 rounds of flying between two cities in California.
“For the hardworking citizens of the United States to follow the law, tax-pay, I am thrilled to declare that I have officially freed you from the disastrous funding of California,” No, “not,” high speed trains, “high speed trains,” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “
Trump administrator draws plugs on $ 4B for California’s ‘Train to Novier’ project
Transport Secretary Sean Dafi on Wednesday ended $ 4 billion in unnatural federal funding for California’s high-speed rail project. (David Paul Morris / Bloomberg Getty Image / Getty Image)
California village
A press release from the newsom’s office says, “It comes when the project enters the track-linga phase, actively constructing at a distance of 171 miles, has constructed more than 50 major railway structures that include bridges, overpasses and viaducts-and more than 60 miles have been completed.”
Last month, Duffy released a 300-hit report organized by the federal railroad administration, which investigated the project. It remembered exemption, delay, mismanagement, waste, skyrocketing costs, budget deficiency and estimated ridership.
Conservative group California asks to stay for federal funding of high-speed rail
The report also stated that the Central Valley has a difference of $ 7 billion to complete the first phase of the first phase from Merced to Bakersfield, known as the Early Operating Segment (EOS).
California’s high-speed rail project was initially postponed as a two-phase system connecting Los Angeles to San Francisco and later, Sacramento from North and San Diego to San Diego. Since then, the footprint of the project has been significantly reduced from the 800 mile section to the 171-mile section.
California village (David Paul Morris / Bloomberg Getty Image / Getty Image)
Timeline:
1981: Works with California Japanese partner To detect the viability of a high -speed railway corridor in southern California.
1996: California’s Intercity High-speed Rail Commission decided that construction of high-speed rail is possible. The State Legislature forms California High-Speed Railway Authority to oversee the railway project.
2008: The voters of California approved the proposal 1A, allocating $ 9 billion to the California High-speed Railway Authority for the plan and construction of the rail.
2015: California has performed an official groundbreaking ceremony in Fresno to mark the beginning of the first 29-mile section of the rail.
2019: Trump administration It was announced that it was exploring an option to recover $ 2.5 billion among the federal funds spent by California on rail and its purpose was to cancel $ 928 million in federal grants, which was not yet paid for the project.
La’s long-delayed delay to check the high-speed railway project for the second: ‘Who got cash?’
2023: The Biden administration has sent about $ 3.1 billion to California in the federal taxpayer fund for high-speed rail.
February 2024: The first construction package of the project, which is at a distance of 22.5 miles in the Central Valley, reaches “enough completion”.
June 2024: The 38-mile Palmdale-to-Berbank segment of the rail has been environmentally cleaned.
Last month, Duffy released a 300-hit report organized by the federal railroad administration, which investigated the project. (Chris Claponis/CNP/Bloomberg/Getty Images)
January 2025: Newsom California joins local leaders to launch the railwayhead project of the High-speed Rail Authority, which they say is the first step of laying the track.
February 2025: President Trump asks for audit of the high-speed rail project of California.
June 2025: Transport Secretary Sean Dafi released a scary report, which he says is a high -speed rail project.
July 2025: Dafi announced a termination of $ 4 billion in unexpected federal funding by the federal railroad administration for the project.
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Newsom’s office and California High-Speed Rail Authority did not immediately respond to the request of Fox Business for comments.
Fox News Digital’s Stephanie Price and Michael Doorgan contributed to this report.
