California Drops Lawsuit Over High-Speed Rail Funding | Business
Summary
California has withdrawn its lawsuit against the Trump administration concerning the cancellation of over $4 billion in federal funding for the state’s high-speed rail project. The lawsuit was originally filed by the California High-Speed Rail Authority in July. According to a statement released by the Authority, the decision to drop the suit was made after determining the federal government to be an unreliable partner for the project’s advancement. Despite losing federal support, the project will proceed, as federal contributions previously represented only 18% of the total expenditures for the long-delayed initiative.
(Source:Devdiscourse)