California pulls plug on billion-dollar bullet train

via Fox News by Barnini ChakrabortyCalifornia Gov. Gavin Newsom announced on Tuesday he is pulling the plug on the state's massive high-speed rail project from Los Angeles to San Francisco that was more than a decade behind schedule and billions in the red.Newsom added that while California has "the capacity to complete a high-speed rail link between Merced and Bakersfield," "there simply isn't a path to get from Sacramento to San Diego, let alone from San Francisco to L.A."

The embattled $77-billion bullet train has been an embarrassment for the Golden State and has been plagued by problems almost from the start.

The idea, long championed by Newsom's predecessor, Jerry Brown, is years behind schedule with the latest estimate for completion set for 2033.

The complete story here > California to pull plug on billion-dollar bullet train, cites ballooning costs

title

Content Goes Here