Trump Admin To Redirect $2.4 Billion From California's High-Speed Rail Project To National Rail Program - General Motors (NYSE:GM)

The Trump administration has decided to reallocate $2.4 billion from California’s high-speed rail project to a new $5 billion program that aims to enhance passenger rail services across the country.New Rail Funding Prioritizes Safety, Omits Climate And DEIThe funds were originally withdrawn from California’s high-speed rail project by the Trump administration. The new program, announced on Monday, will prioritize projects in regions with higher birth and marriage rates and those that enhance safety at railr ...