Transportation Secretary Sean Duffy terminated $4 billion in unspent federal funding for California’s high-speed rail project Wednesday, citing around $15 billion spent without a single high-speed track laid down.
The total cost of the project, estimated to be around $135 billion, could buy every resident of San Francisco and Los Angeles nearly 200 round-trip flights between the two California cities, according to an announcement Wednesday from the U.S. Department of Transportation…