President Donald Trump said Tuesday he would investigate California’s high-speed rail plan, calling it “the worst managed project” he has seen. “They have hundreds of billions of dollars of cost overruns,” Trump told reporters in the Oval Office. “It’s impossible that something could cost that much.”

President Donald Trump promised to investigate California’s high-speed rail project, calling it “billions and billions, hundreds of billions of dollars over budget.” The Fresno Bee reported that the project has faced significant delays since its approval in 2008.

Trump and one of his key advisors, technology billionaire Elon Musk, have both been highly critical of the California High-Speed Rail Authority and its planned bullet-train project to connect Los Angeles and San Francisco by way of Fresno and the San Joaquin Valley.

President Donald Trump said Tuesday that he plans to investigate California’s high-speed rail project, claiming it would be cheaper to drive people between San Francisco and Los Angeles in the world’s “finest limousine service.

President Donald Trump said Tuesday that his administration will launch an investigation into California’s high-speed rail project, citing cost overruns.

The current budget for the plan is $300 billion, but the return on investment is projected to be over $540 billion. California's groundbreaking high-speed rail project set to revolutionize in-state travel: 'This plan pushed beyond the status quo' first appeared on The Cool Down.