California will not complete $77 billion high-speed rail project - governor

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Jerry Brown, deciding that the costs crush the benefits of their "ambitious vision".

"I want to thank President Trump for calling attention to prescription drug prices last week in his State of the Union", Newsom said, noting he's ordered his administration to begin working toward a single-purchasing system that he argues will cut costs. The current project, as planned, would cost too much and, respectfully, take too long. "There's been too little oversight and not enough transparency", he said.

"There simply isn't a path to get from Sacramento to San Diego, let alone from San Francisco to Los Angeles", he said, and thus the north and southern sections of the proposed route would not be built.

An estimate published previous year said it would cost $77 billion to construct the bullet train and would not be complete until 2033. "The Bay Area and Los Angeles must be - and will be-part of California's high-speed rail network".

Newsom said the state will complete a 119-mile (191 km) high-speed rail link between Merced and Bakersfield in the state's Central Valley. Newsom promised that this portion of rail, which he admitted critics called a "train to nowhere", would cut down on pollution and commute time for people in California's Central Valley. "They deserve better", he said.

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"Abandoning high-speed rail entirely means we will have wasted billions and billions of dollars with nothing but broken promises, partially filled commitments and lawsuits to show for it", Newsom said. "We can align our economic and workforce development strategies, anchored by high-speed rail, and pair them with tools like opportunity zones, to form the backbone of a reinvigorated Central Valley economy". He reaffirmed a desire to extend to those important job centers once the Merced-Bakersfield line becomes reality, Galgiani said. The Valley may be known around the world for agriculture, but there is another story ready to be told.

"Taking care of each other, showing courage when it matters most - this is what we do in California", the governor said after recognizing Pierce in the Assembly gallery. "I'm not interested in sending $3.5B in federal funding-exclusively allocated for HSR-back to the White House".

A day after California Governor Gavin Newsom announced plans to scale back the state's high-speed rail project, President Donald Trump demanded that federal funds be reimbursed on Twitter.

Newsom wants to create a state individual mandate, using the money it raises to expand subsidies on the exchange to middle-class Californians. "He described a country where inequality didn't seem to be a problem, where climate change didn't exist, and where the greatest threat we face comes from families seeking asylum at the border".

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