Americas > Compliance Markets & Taxes > US Transportation department puts California’s high-speed rail on notice of potential loss of $4 bln federal funding

US Transportation department puts California’s high-speed rail on notice of potential loss of $4 bln federal funding

Published 22:07 on June 4, 2025 / Last updated at 22:29 on June 4, 2025 / / Americas (Compliance Markets & Taxes, US & Canada)

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The US Department of Transportation (DOT) released a report Wednesday finding California’s high-speed rail project to be in default of the terms of two federal grants totalling roughly $4 billion.
The US Department of Transportation (DOT) released a report Wednesday finding California’s high-speed rail project to be in default of the terms of two federal grants totalling roughly $4 billion.


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