TRUMP MOVES TO REVOKE $4 BILLION FROM CALIFORNIA’S HIGH-SPEED RAIL

Mario Nawfal

@MarioNawfal
🚨🇺🇸TRUMP MOVES TO REVOKE $4 BILLION FROM CALIFORNIA’S HIGH-SPEED RAIL

The Trump administration has launched a review to rescind $4 billion in federal grants given to California’s struggling high-speed rail project—a project Trump has repeatedly slammed for cost overruns and delays.

Originally estimated at $40 billion, the bullet train’s cost has soared to $89B–$128B, with little progress to show. The Biden administration pumped in $3 billion despite the project missing key deadlines.

Is this the final derailment for California’s never-ending rail disaster?

Source: Reuters

Mario Nawfal

@MarioNawfal
🚨🇺🇸TRUMP LAUNCHES INVESTIGATION INTO CALIFORNIA’S HIGH-SPEED RAIL DISASTER

California’s $128 billion bullet train boondoggle has burned through $13.6 billion – and not a single mile of track has been laid.

Trump calls it “the worst managed project in U.S history” and vows to investigate the massive cost overruns and mismanagement.

“You could give every passenger a limousine for life and still have money left over,” Trump blasted.

Meanwhile, Gov. Newsom now claims the project is on track – despite calling it “too expensive and unrealistic” just years ago.

Source: ZeroHedge