The Trump administration signaled Wednesday that it intends to cut off federal funding for a long-delayed California high-speed rail project plagued by multibillion-dollar cost overruns, following the release of a scathing federal report that concluded there is “no viable path” to complete even a partial section of the line.

President Donald Trump’s administration said it is moving to cut roughly $4 billion of federal support from California’s high-speed rail project, arguing that the long-delayed effort to connect Los Angeles to San Francisco via train has wasted taxpayer dollars.

The Trump administration is officially pumping the brakes on the flow of federal dollars to California's High-Speed Rail Project.