California will not complete $77B high-speed rail project: governor

(Reuters) – California Governor Gavin Newsom said on Tuesday the state will not complete a $77.3 billion planned high-speed rail project, but will finish a smaller section of the line. U.S. House Transportation and Infrastructure Republicans cited a recent Democratic clean energy proposal in noting the project’s demise, tweeting that “the plug gets pulled on the frequently delayed, over-budget San Francisco-LA (high-speed rail) project. The U.S. Transportation Department’s inspector general’s office noted in August 2018 that the state had only identified $30.7 billion in funding, or less than half the project’s needs.

Source: www.reuters.com