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Obama’s High-Speed Rail Project Gets $1.5 Billion Slashed In Budget Deal

WASHINGTON — As part of the final budget deal formally agreed to on Friday night, the Obama administration signed off on a big cut to a closely held transportation policy priority. Multiple Hill sources from both parties confirm that the fi…

WASHINGTON — As part of the final budget deal formally agreed to on Friday night, the Obama administration signed off on a big cut to a closely held transportation policy priority.

Multiple Hill sources from both parties confirm that the final continuing resolution (CR) to fund the government through the end of September will include a $1.5 billion cut in funds for the planned national high-speed rail system. Jennifer Hing, communications director for the House Appropriations Committee, said that the reduction could actually grow larger as lawmakers negotiate the final language.

“The final agreement will reflect” the $1.5 billion of high-speed rail funds slashed from the temporary CR, Hing wrote in an email to HuffPost, “but that is not to say that it couldn’t be more.”

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