• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

Bill Gates pulls $818M from Berkshire to buy this giant

August 23, 2026

‘I Said it Because it’s True’ (VIDEO) * The Gateway Pundit * by Mike LaChance

August 23, 2026

Fishermen Hook ‘Monster’ — May Be East Coast’s Biggest

August 23, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Sunday, August 23
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    ‘I Said it Because it’s True’ (VIDEO) * The Gateway Pundit * by Mike LaChance

    August 23, 2026

    Elon Musk is Reportedly Pouring Hundreds of Millions Into the Midterms to Help Republicans Win * The Gateway Pundit * by Mike LaChance

    August 23, 2026

    “Los Angeles Wants to Build Homeless ‘LOVE SHACKS’ for ‘Private Sexual Relief’” (Video) * The Gateway Pundit * by Margaret Flavin

    August 23, 2026

    As Anniversy of Charlie Kirk’s Assassination Approaches, Ghoulish Hasan Piker Mocks His Murder at Event * The Gateway Pundit * by Margaret Flavin

    August 22, 2026

    How to Legally Stiff-Arm Interest Charges for Almost Two Years and Pocket Thousands Like a Boss * The Gateway Pundit * by Promoted Post

    August 22, 2026
  • Health

    Ambient AI And The Next Frontier

    August 23, 2026

    Cannabis Use Disorder Is Rising— Public Health Needs To Catch Up

    August 21, 2026

    New clues emerge in direction of RFK Jr.’s vaccine policy changes

    August 21, 2026

    Ebola vaccine, Meta glasses, prostate cancer: Morning Rounds

    August 21, 2026

    What We Can Learn From Taiwan And Egypt About Ending Endemic Disease

    August 21, 2026
  • World

    Can’t Beat Iran with Sanctions Alone, They Can Still Trade

    August 23, 2026

    Federal Judge Vacates Trump Policy That Suspended Processing Of Immigration Visas From 75 Countries

    August 23, 2026

    King Charles I’s Lost Treasure-Laden Ship Possibly Found

    August 23, 2026

    Fox News Host Dismantles JD Vance Rally Speech Point By Point

    August 23, 2026

    Archeologists May Have Found City with Ties to Biblical Exodus

    August 23, 2026
  • Business

    ATF Rule Could Cause Classic Showdown Between Mom And Pop Shops Versus Online Retailers

    July 10, 2026

    Costco Shows That You Can Build A Thriving Business With One Simple Trick (Pay Your Workers)

    July 9, 2026

    The Agency Elizabeth Warren Built Now Advances Trump’s Agenda

    July 9, 2026

    Meta To Shell Out Billions For New AI Data Center Outside US

    July 9, 2026

    How Big Banks Are Scheming To Jack Up Your Fees

    July 8, 2026
  • Finance

    Bill Gates pulls $818M from Berkshire to buy this giant

    August 23, 2026

    Iconic fast-food fried chicken chain closes over 300 restaurants

    August 23, 2026

    Best CD account earns 4.35% APY

    August 23, 2026

    The 30-Year Treasury Now Out-Yields Dividend Stocks by 2.2 Points. History Says What Followed the Last Time.

    August 22, 2026

    Active ETFs Now Take 42% of Every Dollar Flowing Into ETFs, Up From 26% in 2024

    August 22, 2026
  • Tech

    Celebs Say They’re Getting Scammed by Fake Podcast Bookings

    August 23, 2026

    Gaming Giant Roblox Says Teen Suicide Victim Waived Right to Sue When She Was Just 8 Years Old

    August 23, 2026

    Trump Explains His Support for AI Data Centers: Job Creation, Lower Taxes

    August 22, 2026

    Tech Giants Scramble to Calm Public Anger over AI Data Centers

    August 22, 2026

    TikTok Agrees to $400 Million Settlement over Child Privacy Violations

    August 22, 2026
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Business»Biden Pours Billions Of Taxpayer Dollars Into California’s Floundering High-Speed Rail Project
Business

Biden Pours Billions Of Taxpayer Dollars Into California’s Floundering High-Speed Rail Project

December 7, 2023No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
US-INFRASTRUCTURE-ECONOMY-POLITICS
Share
Facebook Twitter LinkedIn Pinterest Email

The Biden administration is set to give $3.07 billion in funding to California’s high-speed rail project, which has failed to make substantial progress since it was first funded in 2008.

The California High-Speed Rail Authority will receive funding from appropriations in the $1.2 trillion Bipartisan Infrastructure law, and aims to connect the California cities of Merced, Fresno and Bakersfield, according to a press release from Democratic California Rep. Nancy Pelosi. The project began in 2008 after being appropriated $9 billion from the state and has failed to make significant progress since, having not laid a single mile of track as of May, according to CNBC. (RELATED: ‘Extreme’: Biden Is Increasingly Using ‘Wartime’ Powers To Interfere In The Economy)

“California takes great pride in our ambitious status as the leading edge of high-speed rail in America,” Pelosi said in the release. “With this new $3.07 billion in federal funding, we take an important leap closer to making high-speed rail a reality in California.”

The new grant from the Biden administration will go toward constructing 119 miles of track from Madera to Poplar Avenue, building a rail station in Fresno and completing right-of-way acquisition and utility relocation needed to extend the project to Merced and Bakersfield, according to the press release. The project previously received grants for $2.5 billion and $1 billion from the Obama administration, but 85% of the funding up to this new grant has been given by the state.

The Trump administration announced in 2019 that it was canceling almost $1 billion in federal money for the project after California Governor Gavin Newsom noted that the state was shifting focus away from the project’s construction in the Central Valley, according to NBC News.

See also  Shares rise, dollar flat ahead of key U.S. inflation data

The project has been estimated to need between $88 billion and $128 billion to be fully completed, with 9.8 billion having been spent so far, planning to connect Los Angeles with the Central Valley and San Francisco, according to CNBC. The rail authority has previously stated that its goal is to be operational in the Bakersfield-Merced stretch between 2030 and 2033.

California is receiving $6 billion for high-speed rail from @WhiteHouse.

We’re building the first 220-mph, electric high-speed rail project in the nation. This is a major vote of confidence and provides this project with new momentum. pic.twitter.com/ivLY014wMG

— Office of the Governor of California (@CAgovernor) December 6, 2023

The project has spent over $600 million on environmental reviews along the construction path, stalling construction on the project. As of September, 78 miles of the 500-mile-long path from Los Angeles to San Francisco have yet to be environmentally cleared.

The announcement follows another $3 billion investment from the Biden administration in a high-speed rail project connecting Las Vegas with Southern California, out of the $12 billion needed for the project. The goal of the rail is to increase tourism in the region and reduce congestion along the Interstate-15 corridor.

“California is delivering on the first 220-mph, electric high-speed rail project in the nation,” Newsom said in a press release. “This show of support from the Biden-Harris Administration is a vote of confidence in today’s vision and comes at a critical turning point, providing the project new momentum.”

The White House did not immediately respond to a request to comment from the Daily Caller News Foundation. Newsom’s office deferred to statements made in the press release.

See also  Joe Biden Says He Is "Heartbroken" By Train Crash In India

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.

Biden Billions Californias Dollars Floundering HighSpeed Pours Project Rail Taxpayer
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

JD Vance Blames Biden For $40 Trillion U.S. Debt Crisis

August 22, 2026

RNC Chair Blames Trump’s Bad Approval Rating On Joe Biden

August 21, 2026

WHAT? Jill Biden Entertains the Possibility That Joe Was DRUGGED Before His Awful 2024 Debate (VIDEO) * The Gateway Pundit * by Mike LaChance

August 21, 2026

Biden Judge Finally Caves to Supreme Court, Lifts Block on Termination of Temporary Protected Status for Ethiopians * The Gateway Pundit * by Cristina Laila

August 18, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Australian lender Westpac to raise interest rates after cenbank hike

June 7, 2023

Fitbits perform well in capturing circadian rhythms but not sleep time

August 8, 2023

Lindsey Graham’s Sister ‘Pledges to Suck’ Trump’s ‘Tits Even Harder’

July 16, 2026

YouTube Boss Susan Wojcicki Steps Down, but Her Replacement Loves Censorship Too

March 3, 2023
Don't Miss

Bill Gates pulls $818M from Berkshire to buy this giant

Finance August 23, 2026

If there’s a habit I’ve picked up from watching markets, it’s that when everyone is…

‘I Said it Because it’s True’ (VIDEO) * The Gateway Pundit * by Mike LaChance

August 23, 2026

Fishermen Hook ‘Monster’ — May Be East Coast’s Biggest

August 23, 2026

Can’t Beat Iran with Sanctions Alone, They Can Still Trade

August 23, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,399)
  • Entertainment (6,423)
  • Finance (4,698)
  • Health (2,776)
  • Lifestyle (1,921)
  • Politics (4,331)
  • Sports (5,128)
  • Tech (2,548)
  • Uncategorized (4)
  • World (6,556)
Our Picks

Have to End Iran War, Don’t Know How to, Dems Taking House Will Help

July 31, 2026

Kathryn Hahn on Relating to ‘Tiny Beautiful Things’ Character

April 7, 2023

FDA OKs Abbott’s New Pacemaker

July 6, 2023
Popular Posts

Bill Gates pulls $818M from Berkshire to buy this giant

August 23, 2026

‘I Said it Because it’s True’ (VIDEO) * The Gateway Pundit * by Mike LaChance

August 23, 2026

Fishermen Hook ‘Monster’ — May Be East Coast’s Biggest

August 23, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.