California's High-Speed Rail Project
President Trump could potentially claw back $4.3 billion in unspent federal funds for California's high-speed rail project, which was originally approved by voters in 2008. Governor Newsom canceled the original plan, but President Biden restored the funding in 2021. President Trump has renewed suspicions of the project and may investigate it for corruption.
Key Points
- President Trump froze $1 billion for the high-speed rail project
- Governor Newsom canceled the original plan
- President Biden restored the funding in 2021
- President Trump renewed suspicions of the project
Pros
- Boosting the economy
- Fighting climate change
Cons
- Perpetually delayed and derailed
- Potential corruption in public spending