These clowns in California were all saying how great this was going to be. They are failures. U.S. Cancels $929 Million for California High-Speed Rail Project (Bloomberg) -- The Trump administration on Tuesday said it will cancel more than $900 million in federal grants earmarked for a high-speed rail project California that the state’s Democratic governor announced would be scaled back from its initial vision amid delays and cost overruns. In addition, the U.S. Transportation Department said it was exploring legal options to recoup $2.5 billion in federal funds already granted to the project by the Federal Railroad Administration, according to a DOT statement. Initially conceived as connecting San Francisco and Los Angeles with a high-speed train that would slash travel times and transform the state’s economy, California’s high-speed rail system has been beset by cost overruns and delays that have ballooned the project’s price. President Donald Trump has lambasted the project as wasteful and called for the state to return federal funding. “We want that money back now. Whole project is a “green” disaster!” Trump said in a Feb. 13 tweet.