California to pull plug on billion-dollar bullet train, cites ballooning costs

By Barnini Chakraborty, Fox News; February 12, 2019

California 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.

“Let’s be real,” Newsom said in his first State of the State address. “The current project, as planned, would cost too much and respectfully take too long. There’s been too little oversight and not enough transparency.”

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