REPORT: Trump administration deals blow to California’s floundering train project

NYTimes.com:

LOS ANGELES — The federal Transportation Department on Thursday fulfilled its promise to cancel a nearly $1 billion grant that would have helped pay for California’s bullet train, in yet another blow for the ambitious high-speed rail project meant to connect Los Angeles to the Bay Area.

In a letter to state officials, the Federal Railroad Administration said it had made a final decision to terminate a longstanding agreement to send $928.6 million to the California High-Speed Rail Authority for the first phase of the project, in the Central Valley.

The article goes on to state the following:

The administration had first said that it planned to cancel the money, and would try to claw back $2.5 billion it had already spent on the high-speed rail network, in February, after Gov. Gavin Newsom announced plans to scale back the project.

Federal officials said in the letter Thursday that California “has repeatedly failed to comply” with the terms of the original 2010 agreement “and has failed to make reasonable progress on the project.”

To get more information about this article, please visit NYTimes.com. To weigh in, leave a comment below.

The post REPORT: Trump administration deals blow to California’s floundering train project appeared first on DML News.

Visit the USSA News store!
Click this link for the original source of this article.
Author: Team DML


This content is courtesy of, and owned and copyrighted by, https://dmlnews.com and its author. This content is made available by use of the public RSS feed offered by the host site and is used for educational purposes only. If you are the author or represent the host site and would like this content removed now and in the future, please contact the USSANews.com administrator by using the contact form located in the top-left menu. Your request will be immediately honored. Please visit https://dmlnews.com for more terrific, conservative content. The owner of this website may be paid to recommend American Bullion. The content of this website, including the positive review of American Bullion, the negative review of its competitors, and any other information may not be independent or neutral.

USSANews.com USSANews.com