Back to today’s briefing

Story perspectives

Trump Cuts Federal Funding for California's High-Speed Rail Boondoggle

7/17/2025

43 5

Summary

Story summary

President Trump has pulled federal funding for California's high-speed rail project, slamming its staggering cost overruns that ballooned from $33 billion to over $100 billion. He branded the initiative a "boondoggle" under Governor Gavin Newsom, asserting that taxpayers have seen no return on their investment.

1 of 1

Story summary

President Trump has pulled federal funding for California's high-speed rail project, slamming its staggering cost overruns that ballooned from $33 billion to over $100 billion. He branded the initiative a "boondoggle" under Governor Gavin Newsom, asserting that taxpayers have seen no return on their investment.