Overview
- Transportation Secretary Sean Duffy withdrew $175 million tied to four related projects, including grade separations, design work and a Madera station, following July’s $4 billion grant rescission.
- California lawmakers are pressing for a $1 billion-per-year commitment from cap-and-trade revenues to provide predictable financing and to help attract private partners.
- The California High‑Speed Rail Authority outlined three scenarios: a 171‑mile Merced–Bakersfield segment costing about $36.75 billion with service in 2032, an extension to Gilroy by 2038, and a further phase toward Palmdale/Los Angeles.
- Roughly 119 miles are under construction in the Central Valley, with about $13 billion invested to date, even as the state sues to overturn the federal funding withdrawals.
- CHSRA projections show the Merced–Bakersfield service would run an operating deficit, with estimated annual revenue of $39–56 million versus $121 million in costs, reinforcing FRA “serious concerns” cited by federal officials.