WASHINGTON (Reuters) -The U.S. Transportation Department said Friday it is cancelling $26 million in grants for a long-delayed proposed high-speed rail project between Washington and Baltimore.
USDOT said it was rescinding funds for the proposed $20 billion Baltimore-Washington Superconducting Magnetic Levitation, or MAGLEV project, after “nearly a decade of poor planning, significant community opposition, tremendous cost overruns, and nothing to show for it.”
An environmental review of the project has been on pause since 2021.
(Reporting by David Shepardson)
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