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The Wall Street Journal: Trump administration to cancel nearly $1 billion in funding for California high-speed rail

WASHINGTON — The Trump administration said Tuesday it would cancel almost $1 billion in funding for the California high-speed rail network, casting doubt on whether the state will be able to complete even the first phase of the troubled project.

Federal Railroad Administrator Ronald Batory wrote Tuesday to state officials that the administration was canceling its grant agreement with the California High-Speed Rail Authority, and halting $928.6 million in future grant payments it was expected to make to fund the project through 2022.

The FRA is also considering a legal effort to recover the federal funds already spent on the project.

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