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Trump Cancels $1B in High-Speed Rail Money 05-16-19 16:40 DC

The Trump administration says it is canceling nearly $1 billion in federal money for California’s controversial high-speed rail project.

The Federal Railroad Administration announced today (Thursday) that California failed to meet terms of its grant and has abandoned the original vision for a train between Los Angeles and San Francisco.

The administration will still try to force California to return another $2.5 billion. Losing the grant could kill the project, officials said.

State officials overseeing the project and spokespeople for Gov. Gavin Newsom did not have an immediate comment.

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