Particle.news
Download on the App Store
9 ARTICLES
·
6d ago

Transportation Secretary Duffy Threatens to Withdraw $4 Billion from California High-Speed Rail

The warning follows federal findings that nearly $7 billion in taxpayer funds have been spent without any track construction.

A freight locomotive rolls across an intersection in Fresno, California January 6, 2015. REUTERS/Robert Galbraith/File Photo
Image
Image

Overview

  • Sean Duffy’s 300-page report details missed deadlines and budget overruns after $7 billion in federal funds produced no track.
  • Duffy declared the rail authority has no viable path to complete the project on time or on budget.
  • The U.S. Department of Transportation has set a 37-day deadline for the authority to respond to report findings or lose about $4 billion in grants.
  • Unused funds could be redirected to other rail projects that meet federal requirements and timelines.
  • Governor Gavin Newsom’s office and the California High-Speed Rail Authority did not immediately respond to requests for comment.