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California High-Speed Rail Project Faces Cash Shortage by 2027

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Insights by Echo AI

California's high-speed rail project is at risk of running out of money by December 2027, according to a warning from the project's Inspector General. The project has cut its train order in half, dropped the 'Buy America' requirement, and still has no train contract. The $4 billion federal funding loss leaves the project needing billions in financing within 16 months.

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    RT @ZavalaA: NEW: California’s High-Speed Rail Project could run out o...

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    California high-speed rail could run out of money by December 2027, as...

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    X / Twitter / @frankmottek

    RT @ZavalaA: NEW: California’s High-Speed Rail Project could run out o...

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    California high-speed rail could run out of money by December 2027, as...

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