Summary
California has decided to drop its lawsuit against the Trump administration over the withdrawal of $4 billion in federal funding for a high-speed rail project. Instead, the state will look for other funding sources to move forward with the expensive bullet train plan. The project, aiming to connect San Francisco with Los Angeles, is projected to cost over $100 billion.
Key Facts
- California dropped a lawsuit concerning the loss of $4 billion in federal funding for a high-speed rail project.
- The U.S. Transportation Department cut funds for the train that plans to link San Francisco and Los Angeles.
- The Trump administration criticized the project for lacking a plan to complete a crucial segment in the Central Valley.
- The California High-Speed Rail Authority will now seek private investors and other funding sources.
- The rail project has secured $1 billion in annual funding from a state program that aims to reduce emissions.
- This decision allows California to use global best practices from successful high-speed rail systems.
- The Trump administration labeled the train project as costly and ineffective.
