President Donald Trump announced Wednesday that he had canceled $4 billion in federal funding for California’s beleaguered and delayed high-speed rail project — what critics call the “train to nowhere.”
The project has been plagued for years by cost overruns, logistical problems, and a lack of consumer demand.
A rough timeline of events suggests the rise — and fall — of what was once considered a promising idea:
2008: California voters pass Proposition 1A, which authorizes a $10 billion bond to fund a high-speed rail line (“bullet train”) to connect San Francisco and L.A. in under three hours by 2020 for a total of $33 billion.
2009: The Obama…
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