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

A July rate hike from the Fed? The odds are rising

July 13, 2026

Only One FIFA Official Decided to Suspend Red Card for Flo Balogun

July 13, 2026

Ann Widdecombe Murder Investigation: Police Release First Suspect

July 13, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Monday, July 13
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Lindsey Graham’s sister, Darline, will serve out his Senate term

    July 13, 2026

    Trump’s IRS Lawsuit Ruled A Sham, and Judge Orders Sanctions Against His Lawyers

    July 13, 2026

    Texas Hispanics swung hard to Trump. A new poll shows they’re furious at his deportations.

    July 12, 2026

    The high-stakes, battleground Senate race that no one is talking about

    July 12, 2026

    Lindsey Graham’s Passing Is Another Stage In The Death Of Trumpism

    July 12, 2026
  • Health

    Last U.S. polio patient using iron lung dies at 78

    July 13, 2026

    What Makes A Condition A ‘Neglected Tropical Disease’?

    July 13, 2026

    Dementia study sees promising data after risk-reduction tactics

    July 13, 2026

    Psychiatry Lacks Biomarkers. Can This EEG Ballcap Get A Base Hit?

    July 13, 2026

    Caregiver cuts, pancreatic cancer, HHS vaccines: Morning Rounds

    July 13, 2026
  • World

    Ann Widdecombe Murder Investigation: Police Release First Suspect

    July 13, 2026

    Iran Privately Admits Strait of Hormuz Attack Was a Mistake

    July 13, 2026

    California, 11 States Suing To Block Paramount’s $110 Billion Warner Bros. Deal

    July 13, 2026

    900 Snakes Escape Breeding Farm as Floodwaters Devastate Village in Hangzhou

    July 13, 2026

    Indian Businessman Poses as CIA Agent to Land Billion-Dollar ‘Defense’ Deal

    July 13, 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

    A July rate hike from the Fed? The odds are rising

    July 13, 2026

    Waller says Fed shouldn’t ‘fight the last war’ on inflation but warns hikes still possible

    July 13, 2026

    Strong price openings backtracking this morning

    July 13, 2026

    Kalshi launches ‘Pro’ product for users trading multiple markets at same time, perpetual futures

    July 13, 2026

    Expanding Export Control to ‘Remote Access’ May Backfire on US AI Ambitions 

    July 13, 2026
  • Tech

    Automotive Journalist Detained by Police After Flock Camera Misidentified Press Vehicle as Stolen

    July 13, 2026

    Meta Shuts Down Feature Allowing Strangers to Use Your Instagram Pictures in AI Image Generator

    July 13, 2026

    LAPD Cuts Ties with License-Plate Camera Vendor over ‘Who Owns the Data’

    July 12, 2026

    Apple Lawsuit Accuses OpenAI of Stealing Trade Secrets in Massive Scheme

    July 11, 2026

    Bloomberg Claims Startup Co-Founded by Bill Gates’ Daughter Cheats on Sales Credit

    July 11, 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  Biden Says He Wants To Cut Down On Illegal Immigration — But ‘Bidenomics’ Depends On It

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  LG Display flags Q4 turnaround after 5th straight quarterly loss

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

Bessent’s Treasury has troubling news for every taxpayer

July 13, 2026

How Greenbrier Companies (GBX) Is Growing Rail Earnings Through Margin Expansion, Record Lease Utilization, and a $2 Billion Backlog

July 12, 2026

Nobel Prize-Winning Chemist Leaves U.S. to Join Chinese AI Project

July 11, 2026

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

July 10, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

GM embraces Tesla’s EV charging system, Wall Street cheers

June 9, 2023

“She was limping” – WWE Universe speculates that former Women’s Champion suffered an injury at WrestleMania 39

April 3, 2023

Ex-Scottish Leader Denies Blame After Husband Pleads Guilty

June 3, 2026

The Doctor Shortage Is Getting Worse. Your Pharmacist Can Help

May 13, 2026
Don't Miss

A July rate hike from the Fed? The odds are rising

Finance July 13, 2026

Renovation work continues on the Marriner S. Eccles Federal Reserve Board Building, the main offices…

Only One FIFA Official Decided to Suspend Red Card for Flo Balogun

July 13, 2026

Ann Widdecombe Murder Investigation: Police Release First Suspect

July 13, 2026

Last U.S. polio patient using iron lung dies at 78

July 13, 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 (5,655)
  • Finance (4,174)
  • Health (2,467)
  • Lifestyle (1,897)
  • Politics (3,863)
  • Sports (4,856)
  • Tech (2,373)
  • Uncategorized (4)
  • World (5,628)
Our Picks

Jim Jordan 2nd Weaponization Of Government Hearing Was An Even Bigger Disaster

March 9, 2023

Meta’s Support Chatbot Helped Hijack High-Profile Instagram Accounts Including Obama White House

June 2, 2026

National Enquirer’s Former Publisher Testified For The Second Time In Trump Hush Money Investigation: Reports

March 28, 2023
Popular Posts

A July rate hike from the Fed? The odds are rising

July 13, 2026

Only One FIFA Official Decided to Suspend Red Card for Flo Balogun

July 13, 2026

Ann Widdecombe Murder Investigation: Police Release First Suspect

July 13, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

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