WALL

Tim Pearce | Energy Reporter

Amazon announced a new green project Monday to ship half of all packages with net zero carbon by 2030 after the company ended a contentious plan to build a campus in New York.

Amazon’s latest project, called “Shipment Zero,” is another step in its stated goal to be powered by 100 percent renewable energy.

“With improvements in electric vehicles, aviation bio fuels, reusable packaging, and renewable energy, for the first time we can now see a path to net zero carbon delivery of shipments to customers, and we are setting an ambitious goal for ourselves to reach 50 percent of all Amazon shipments with net zero carbon by 2030,” Amazon said in a statement.

Amazon backed out of a highly publicized deal to bring 25,000 jobs to New York City in return for $3 billion in tax breaks, subsidies and special deals Thursday. The deal, championed by Democratic New York Gov. Andrew Cuomo and Democratic NYC Mayor Bill de Blasio, fell through after local officials and unions fought for labor-related concessions from the company.

New York City council members pushed Amazon to allow unions to organize at its proposed campus. When asked if the company would stay neutral if employees attempted to unionize, Amazon Vice President Brian Huseman told NYC’s Council, “no, sir, we would not.”

Despite backing the deal, de Blasio also pressured the company to adopt a more union-friendly stance. (RELATED: Amazon Will Pay $0 In Federal Income Taxes For 2nd Year In A Row With Profits Doubled)

“Now that people are more and more concerned about decent wages and benefits, I think Amazon’s gonna have to reconsider [its stance on unions],” he said.

People stand in front of an Amazon store and protest Amazon's change in mind to not open an office in Queens, in the Manhattan borough of New York City, New York, U.S., February 15, 2019. REUTERS/Carlo Allegri

People stand in front of an Amazon store and protest Amazon’s change in mind to not open an office in Queens, in the Manhattan borough of New York City, New York, U.S., February 15, 2019. REUTERS/Carlo Allegri

Democratic New York Rep. Alexandria Ocasio-Cortez cheered the Amazon deal’s fate on Twitter, despite the deal being seen favorably by the majority of New Yorkers.

“Today was the day a group of dedicated, everyday New Yorkers & their neighbors defeated Amazon’s corporate greed, its worker exploitation, and the power of the richest man in the world,” Ocasio-Cortez said.

The Siena College Research Institute found that 56 percent of voters statewide supported Amazon’s proposed campus in Queens. Researchers add that the company had majority support in nearly every major breakdown of voters, The Wall Street Journal reported.

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Peter Schiff recently appeared on InfoWars with Alex Jones to talk about Alexandria Ocasio-Cortez and the Green New Deal.

He said the real problem isn’t the climate deniers, it’s the economy deniers. 

Peter noted that we were in the great recession the last time retail sales came in as poorly as they did in December. He also mentioned the all-time high in auto loan delinquencies and the fact that restaurant sales are falling at the fastest pace in 25 years.

“We’d all be better off if Cortez was still waiting tables instead of working in Congress. But these crazy policies she’s advocating – look, the public just might turn to them in 2020 if we are in a bad recession and it’s all blamed on the tax cuts, on Trump, on deregulation, and the only solution left for people to grasp for is socialism. Of course, you know, it’s never worked. It’s failed every time it’s been tried. But that doesn’t stop people from trying it again.”

Peter also addressed the upward spiraling national debt, taking issue with Alex’s contention we could at least do something positive with the inflation such as build infrastructure.

“You cannot make a country rich by printing money. You know, unfortunately, that’s how Cortez is going to try to finance any type of Green New Deal that we get.”

Peter said the craziest thing about Cortez and the Green New Deal is the idea that it will actually be good for the economy.

“If we actually had to do this, if we really faced this threat, this is going to be mutually shared sacrifice. Everybody is going to suffer to implement this, particularly the poor and the middle class. They’re going to feel the burden the heaviest. But she is trying to wrap this thing up as if everybody is going to benefit from a huge reduction in our standard of living, which would be required.”

(Photo by Jesse Korman / Wiki)

Cortez says we can pay for the Green New Deal just like we paid for World War II. Peter pointed out that we paid for the war by drastically raising taxes on the middle class.

“If AOC wants to pay for the Green New Deal the same way, then it has to be through huge tax increases on her constituents.”

Peter and Alex also talked about Trump and the economy. Peter made a pretty poignant statement.

“If Trump really wanted to make America great again, the only way to do that is to make government small again. The problem is he hasn’t been building a wall but Trump’s been building up government. He’s made government bigger. He’s been building bigger national debt, bigger deficits. So, building up debt and building up government is not the secret to making America Great.”

Smollett’s assault hoax keeps delivering bombshell revelations.

Source: InfoWars

Evie Fordham | Politics and Health Care Reporter

President Donald Trump refuted ex-acting FBI Director Andrew McCabe’s claim that the president called McCabe’s wife “a loser,” on Twitter Tuesday.

“I never said anything bad about Andrew McCabe’s wife other than she (they) should not have taken large amounts of campaign money from a Crooked Hillary source when Clinton was under investigation by the FBI,” Trump wrote on Twitter Tuesday. “I never called his wife a loser to him (another McCabe made up lie)!”

McCabe claimed that Trump called his wife Jill McCabe “a loser” in relation to her failed 2015 bid for Virginia state Senate, Andrew McCabe said during a “60 Minutes” interview Sunday.

“[Trump asked:] ‘What was it like when your wife lost her race for state Senate? It must have been really tough to lose,’” Andrew McCabe told “60 Minutes.” “And I said, ‘Well, it’s tough to lose anything. But my wife has refocused her efforts on her career.’ And he then said, ‘Ask her what it was like to lose. It must be tough to be a loser.’” (RELATED: Trump Calls Out ‘Puppet’ Andrew McCabe After News That McCabe Ordered Obstruction Of Justice Probe)

“No man wants to hear anyone call his wife a loser, most of all me,” Andrew McCabe continued. “My wife is a wonderful, brilliant, dedicated physician who tried to help her community. So she is no loser. It was just bullying. So rather than get into an argument with the president of the United States, we, I said, ‘Okay, sir.’ And we hung up and ended the call.”

Andrew McCabe said the conversation with Trump occurred in the days after the president fired Andrew McCabe’s predecessor, former FBI Director James Comey. Andrew McCabe’s wife “received several hundred thousand dollars in campaign donations from a PAC linked to the Clintons,” reported Fox News.

Acting FBI Director Andrew McCabe arrives to testify before the U.S. Senate Select Committee on Intelligence on Capitol Hill in Washington, U.S. May 11, 2017. REUTERS/Eric Thayer

Acting FBI Director Andrew McCabe arrives to testify before the U.S. Senate Select Committee on Intelligence on Capitol Hill in Washington, U.S., May 11, 2017. REUTERS/Eric Thayer

The “60 Minutes” interview occurred days before Andrew McCabe’s book “The Threat: How the FBI Protects America in the Age of Terror and Trump” was released Tuesday.

Andrew McCabe has used his spotlight to make claims including that Deputy Attorney General Rod Rosenstein offered to wear a wire to secretly record conversations with Trump. Rosenstein plans to leave the Justice Department in mid-March, agency officials told news outlets Monday.

Andrew McCabe was fired on the recommendation of the Department of Justice’s inspector general in March 2018, just two days before he was set to retire and receive his government pension. Investigators found that Andrew McCabe authorized his deputy, Lisa Page, to give information to The Wall Street Journal about a probe into the Clinton Foundation. (RELATED: IG: McCabe Used Strzok’s Mistress To Bypass Chain Of Command To Monitor Clinton Probe)

Andrew McCabe denies accusations from the Office of the Inspector General that he purposefully misled investigators.

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Source: The Daily Caller

Jason Hopkins | Energy Investigator

A young Texas boy faced both praise and ridicule from adults after he opened a hot chocolate stand to raise money for President Donald Trumps’ border wall.

Benton Stevens — a seven-year-old from Austin — wanted to help raise funds for a wall on the U.S.-Mexico border after watching Trump deliver the State of the Union address earlier in February. He set up a hot chocolate stand near a local strip mall as a way to collect money.

WATCH:

The stand, which is explicitly advertised as a fundraiser to help Trump build the wall, sells hot chocolate for $2 a cup. People can customize their drinks by paying an extra 50 cents for a big “Nancy Pelosi” marshmallow or grab smaller “Beto O’Rourke” marshmallows for free.

“I think it’s important that [our children] know what’s going on in the world, where we stand, what we believe in,” said Jennifer Stevens, Benton’s mother. Both Jennifer and her husband, Shane, are members of the Republican National Committee and say their dinner table conversations have clearly influenced Benton. The boy’s parents say he begged them to raise money for the border wall and set up the stand over the weekend.

“Every day he would get off the bus and say, ‘mom can we go do my stand,’” Jennifer stated.

The fundraiser appears to be quite successful, with Benton reportedly raising nearly $1,400 in two days.

Trump recently signed a spending bill that appropriates $1.375 billion to build 55 miles of new wall on the U.S. southern border. The president has taken the controversial step of declaring a national emergency, which is allowing him to grab billions more for wall construction funding. (RELATED: Democrats Fundraise Off Trump’s Plan To Declare National Emergency)

While Benton says some adults were “really happy” to see his stand, others were not so thrilled to see him raising money for a border wall.

“Some people were mad and calling me a ‘little Hitler’ and stuff, and some people were really happy,” Benton explained.

Border Wall And Migration In Focus As Negotiations Over Border Security Continue

EL PASO, TEXAS – FEBRUARY 12: People work on the U.S./ Mexican border wall on February 12, 2019 in El Paso, Texas. U.S. President Donald Trump visited the border city yesterday as he continues to campaign for more wall to be built along the border. Democrats in Congress are asking for other additional border security measures. (Photo by Joe Raedle/Getty Images)

This isn’t the first time Benton has faced backlash for his political beliefs. He said that while he attended Trump’s presidential inauguration three women in pink hats ridiculed his “Make America Great Again” hat.

However, Benton’s parents want it to be a learning experience for him.

“If he’s going to do it, he needs to learn that there’s going to be a little backlash,” Shane stated. “But I just wish [the critics] would do it in a little more respectful, adult-like manner.”

Benton, in the meantime, has big plans for the money he’s raised. The young boy wants to mail the funds to Trump or deliver it to him in person “so that the illegal immigrants can’t get into our town illegally.”

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Saagar Enjeti | White House Correspondent

President Donald Trump’s prediction that he would be sued in the 9th U.S. Circuit Court of Appeals jurisdiction for declaring a national emergency at the southern border now seems well on its way to coming to fruition.

Trump delivered a singsong rendition of what he expected to happen in his Friday Rose Garden announcement, saying, “We will have a national emergency, and then we will then be sued, and they will sue us in the 9th Circuit, even though it shouldn’t be there. And we will possibly get a bad ruling, and then we’ll get another bad ruling. And then we’ll end up in the Supreme Court, and hopefully, we’ll get a fair shake.”

Trump’s dark humor quickly became reality Monday evening when 16 states sued the president over the national emergency declaration. The suit was organized by the State of California and filed in the Federal District Court in San Francisco, which appeals to the 9th Circuit Court of Appeals.

Other states that joined the lawsuit include Colorado, Delaware, Hawaii, Illinois, Maine, Maryland, Michigan, Minnesota, Nevada, New Jersey, New Mexico, Oregon and Virginia.

“Contrary to the will of Congress, the president has used the pretext of a manufactured ‘crisis’ of unlawful immigration to declare a national emergency and redirect federal dollars appropriated for drug interdiction, military construction and law enforcement initiatives toward building a wall on the United States-Mexico border,” the lawsuit declares.

EL PASO, TEXAS – FEBRUARY 12: People work on the U.S./ Mexican border wall on February 12, 2019 in El Paso, Texas. U.S. President Donald Trump visited the border city yesterday as he continues to campaign for more wall to be built along the border. Democrats in Congress are asking for other additional border security measures. (Photo by Joe Raedle/Getty Images)

The lawsuit follows Trump’s political defeat in Congress when he was only able to secure $1.375 billion in funding for his proposed border wall. The president long requested $5.7 billion in wall funding and instead will tape funds available to him under his executive powers.

These funds include $600 million available to him as a result of asset forfeiture, appropriate funding under his authority to interdict drug corridors; it also includes use military construction funds available to him under his authority as commander-in-chief. (RELATED: Trump Will Sign Border Bill, Declare National Emergency)

White House officials long feared the lengthy court process which could enjoin court battles over a national emergency declaration. One official pointed out to The Daily Caller that the court battle over the travel ban took nearly one year to process its way through the courts even though the administration was ultimately vindicated.

Officials fear that border wall funding will be held in legal limbo as the 2020 presidential election draws closer and closer.

Source: The Daily Caller

Evie Fordham | Politics and Health Care Reporter

President Donald Trump called The Washington Post “a Fact Checker only for the Democrats” on Twitter Tuesday.

“The Washington Post is a Fact Checker only for the Democrats,” Trump wrote on Twitter Tuesday. “For the Republicans, and for your all time favorite President, it is a Fake Fact Checker!”

WaPo Fact Checker columnist Glenn Kessler was quick to respond on Twitter Tuesday morning.

“Reminder: Trump cites the Washington Post Fact Checker when we give Pinocchios to Democrats,” Kessler wrote, referencing a Dec. 17, 2013, tweet from Trump about fact-checking former president Barack Obama. (RELATED: Rod Rosenstein Is Leaving The Justice Department: Report)

WaPo’s “ongoing database” of what it says are “false or misleading” claims by Trump was last updated Sunday.

“In 759 days, President Trump has made 8,718 false or misleading claims,” the page’s header reads. The tally includes repeats of claims like “Building the wall,” which the WaPo rates as “three Pinocchios.”

U.S. President Donald Trump speaks on border security during a Rose Garden event at the White House February 15, 2019 in Washington, DC. (Photo by Alex Wong/Getty Images)

U.S. President Donald Trump speaks on border security during a Rose Garden event at the White House February 15, 2019 in Washington, DC. (Photo by Alex Wong/Getty Images)

WaPo’s most recent fact-check post about Trump examined claims during his national emergency declaration news conference Friday.

“Where to begin with President Trump’s rambling news conference to announce he was invoking a national emergency to build a border wall? It was chock-full of false and misleading claims, many of which we’ve previously highlighted, either in our database of Trump claims or our list of Bottomless Pinocchios,” Kessler and fellow fact-checker Meg Kelly wrote in the post.

WaPo’s Fact Checker said Trump’s Feb. 5 State of the Union address included nearly 30 “stretched facts and dubious figures.” The post looked into Trump’s claims like “We have created 5.3 million new jobs and importantly added 600,000 new manufacturing jobs.”

The fact-checkers wrote:

Trump often inflates the number of jobs created under his presidency by counting from Election Day, rather than when he took the oath of office. There have been almost 4.9 million jobs created since January 2017, according to the Bureau of Labor Statistics, of which 436,000 are manufacturing jobs, according to the BLS.

This is an impressive gain for almost two years; under President Barack Obama, about 900,000 manufacturing jobs were gained over seven years from the 2010 nadir after the Great Recession. Moreover, despite the recent gains, the number of manufacturing jobs is still nearly 1 million below the level at the start of the Great Recession in December 2007.

Other statistics Trump cited rang true. His claim that “[u]nemployment for Americans with disabilities has also reached an all-time low” matched with numbers showing the annual unemployment rate for disabled people was 8 percent in 2018, the lowest rate since the Bureau of Labor Statistics (BLS) started keeping track about a decade ago.

Trump is joined by a politician on the opposite side of the political spectrum when it comes to hitting back against the WaPo Fact Checker. Democratic New York Rep. Alexandria Ocasio-Cortez had a meltdown in a series of tweets in early January over getting fact-checked by organizations like WaPo and PolitiFact. She also got into a Twitter spat with Kessler himself after he awarded one of her misleading claims with “three Pinocchios” in late January.

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FILE PHOTO: Musician Waters performs at Staples Center in Los Angeles
FILE PHOTO: Musician Roger Waters performs at Staples Center in Los Angeles, California, U.S., June 20, 2017. REUTERS/Mario Anzuoni/File Photo

February 19, 2019

By Brian Ellsworth and Sarah Marsh

CARACAS (Reuters) – Pink Floyd co-founder Roger Waters slammed an upcoming “Live Aid”-style concert to raise funds for humanitarian aid for Venezuela, calling the event a U.S.-backed effort to tarnish the socialist government in a video circulating on Tuesday.

Billionaire Richard Branson is backing the Friday show in the Colombian border city of Cucuta with a fundraising target of $100 million to provide food and medicine for Venezuelans suffering widespread shortages.

Latin singers Alejandro Sanz, Nacho, Luis Fonsi and Maluma have so far confirmed they will perform in the concert, which has evoked comparisons to Irish rock star Bob Geldof’s 1985 global “Live Aid” concert to raise money for famine relief in Ethiopia.

“It has nothing to do with humanitarian aid at all,” the 75-year old Waters said. “It has to do with Richard Branson … having bought the US saying, ‘We have decided to take over Venezuela, for whatever our reasons may be.’”

“Venezuela Aid Live” is part of a broader western relief effort organized by Venezuela’s opposition, that blames the ruling Socialists for the economy’s hyperinflationary downwards spiral that has sparked the exodus of millions.

President Nicolas Maduro, who is facing growing international pressure to step down after his disputed re-election last year, denies there is a humanitarian crisis.

The United States is openly backing Maduro’s rival and congress chief Juan Guaido, who last month invoked constitutional provisions to declare himself interim president.

The opposition plans to bring aid into Venezuela on Saturday from collection points in neighboring countries including Cucuta via sea and land, despite Maduro’s refusal to let it in, setting up a possible confrontation with authorities.

Waters, the British rock group’s principal songwriter who penned many of the hit songs on the hugely popular albums “The Dark Side of the Moon” and “The Wall,” said the relief effort was part of the United States’ attempts to paint a false picture of Venezuela to justify regime change.

To date there was “no mayhem, no murder, no apparent dictatorship” in Venezuela, he said, despite even government data putting the homicide rate among the world’s highest.

“Do we really want Venezuela to turn in to another Iraq or Syria or Libya? I don’t and neither do the Venezuelan people,” Waters wrote.

This is not the first time the bass player has weighed into South American politics. During a concert in Brazil ahead of presidential elections there last year, Waters spoke out against then right-wing candidate Jair Bolsonaro, who is now president.

Maduro’s government this week announced two concerts on Friday and Saturday just across the border from Cucuta to rival Branson’s “Aid Live” show.

A spokeswoman for Branson’s Virgin did not immediately respond to a request for comment.

(Reporting by Brian Ellsworth and Sarah Marsh; editing by Bill Berkrot)

Source: OANN

FILE PHOTO: Syrian refugees sit and listen during a news conference by U.N. High Commissioner for Refugees Filippo Grandi at the Al Zaatari refugee camp in Jordan
FILE PHOTO: Syrian refugees sit and listen during a news conference by U.N. High Commissioner for Refugees Filippo Grandi at the Al Zaatari refugee camp in Jordan, February 12, 2018. REUTERS/Muhammad Hamed/File Photo

February 19, 2019

GENEVA (Reuters) – Less than five per cent of refugees in need of resettlement in Western countries found new homes last year, the United Nations said, as the United States scaled back its acceptance of displaced people under President Donald Trump.

The United States took in 17,113 resettled refugees in 2018, leading 27 countries who resettled a total of 55,692 refugees under programs run by the U.N. High Commissioner for Refugees, the UNHCR said on Tuesday.

But that was down from Washington’s acceptance of 24,559 resettled refugees in 2017, Trump’s first year in office, and 78,761 in 2016, the last full year of the Obama administration, UNHCR figures show.

The overall total of resettled refugees last year was 10,000 fewer than in 2017 and less than half of the 126,291 in 2016.

Canada was the second highest receiving country last year with 7,713 resettled refugees, followed by Britain (5,702), France (5,109) and Sweden (4,861).

“Despite record levels of worldwide forced displacement, just 4.7 per cent of global refugee resettlement needs were met in 2018,” UNHCR spokeswoman Shabia Mantoo told a news briefing.

Syrian refugees living in countries across the Middle East and Turkey accounted for 28,174, or more than one-third of the total 81,310 refugees referred by UNHCR to resettlement countries last year for consideration, said Mantoo.

Refugees from the Democratic Republic of Congo, Eritrea and Afghanistan followed, many of them having fled violence and torture, she said.

“Resettlement remains a life-saving tool to ensure the protection of those most at risk,” Mantoo said. It was also a

“a tangible mechanism for governments and communities across the world to share responsibility”.

The Trump administration has been less willing to take in refugees and migrants. On Feb. 15, Trump declared a national emergency in a bid to fund his promised wall at the U.S.-Mexico border without congressional approval. Trump says he wants to honor a 2016 campaign pledge to curtail illegal immigration, but his opponents quickly filed lawsuits against his move.

(Reporting by Stephanie Nebehay; Editing by Mark Heinrich)

Source: OANN

Traders work on the floor of the NYSE in New York
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 13, 2019. REUTERS/Brendan McDermid

February 19, 2019

By Shreyashi Sanyal

(Reuters) – U.S. stocks struggled for direction on Tuesday after rallying strongly last week, as investors focused on the latest round of trade talks between the United States and China.

Hopes that the two countries will hammer out a deal to end their protracted trade war had helped the S&P 500 and the Nasdaq log their best week in a month on Friday.

The talks in Washington follow a round of negotiations that ended in Beijing last week without a deal but which officials said had generated progress on contentious issues between the world’s two largest economies.

“We had a fairly good rally on Friday and there is a hint of profit-taking before the resumption of the trade talks,” said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.

“Investors are cautious but the hope factor is still alive in the markets, which is what stocks rallied on last week.”

The tariff-vulnerable industrials sector dropped 0.29 percent, with bellwether Boeing Co down 0.4 percent.

The consumer staples sector rose 0.40 percent, the most among the 11 major S&P sectors, helped by a 3.8 percent rise in shares of Walmart Inc.

The big-box retailer reported an estimate-beating jump in holiday quarter comparable sales, helped by higher consumer spending and more e-commerce purchases.

Shares of fellow retailer Target Corp gained 0.7 percent, while Costco Wholesale Corp rose 1.1 percent.

Walmart’s results follow a shockingly weak Commerce Department report last week that showed U.S. retail sales recorded their biggest drop in more than nine years for December, stoking fears of an economic slowdown.

At 9:49 a.m. ET the Dow Jones Industrial Average was down 10.64 points, or 0.04 percent, at 25,872.61, the S&P 500 was down 1.84 points, or 0.07 percent, at 2,773.76 and the Nasdaq Composite was down 0.30 points, or 0.00 percent, at 7,472.11.

Seven of the 11 major S&P sectors were lower, led by a 0.54 percent drop in the financial index. Goldman Sachs Group Inc fell 1.2 percent and JPMorgan Chase & Co 0.95 percent, weighing on the Dow.

Medtronic Plc rose 1.5 percent after the medical device maker beat analysts’ estimates for quarterly profit on higher sales in its surgical products unit and restorative therapies group.

Mattel Inc shares slumped 5.4 percent, the most on the S&P, after the company issued a disappointing 2019 sales forecast and said demand for its iconic Barbie doll was slowing.

With nearly 80 percent of S&P 500 companies having reported earnings so far, analysts now see a profit increase for the group of 16.2 percent for the fourth quarter, according to Refinitiv data.

However, the current quarter does not look all that upbeat, with earnings expected to fall by 0.5 percent, their first year-on-year decline since mid-2016.

Declining issues outnumbered advancers for a 1.07-to-1 ratio on the NYSE and for a 1.01-to-1 ratio on the Nasdaq.

The S&P index recorded 13 new 52-week highs and no new lows, while the Nasdaq recorded 37 new highs and 12 new lows.

(Reporting by Shreyashi Sanyal and Sruthi Shankar in Bengaluru; Editing by Anil D’Silva)

Source: OANN

Michael Bastasch | Energy Editor

President Donald Trump went after California’s troubled high-speed rail project, claiming it is “hundreds of times more expensive” than a U.S.-Mexico border wall.

“The failed Fast Train project in California, where the cost overruns are becoming world record setting, is hundreds of times more expensive than the desperately needed Wall!” Trump tweeted Tuesday.

Trump declared a national emergency Friday to divert more funding to build wall along portions of the southern border. Many Democrats have cited the high cost of a southern border wall as a reason to oppose it, so Trump is trying to compare a wall to California’s largely abandoned high-speed rail project.

Democratic California Governor Gavin Newsom abandoned the state’s controversial high-speed rail project after years of delays and massive cost overruns. Newsom’s announcement came after state auditors issued a scathing report late last year.

The High-Speed Rail Authority’s “flawed decision making regarding the start of high-speed rail system construction in the Central Valley” and poor management led to billions in cost overruns. (RELATED: Green Raw Deal? Cities And States Scale Back ‘Green’ Ambitions As Costs To Taxpayers Rise)

Newsom said the state would finish the 119-mile Central Valley portion of the line, adding that not finishing that corridor would force the state to return $3.5 billion in federal funding. He doesn’t want Trump to have those funds.

While it’s not clear if California’s high-speed rail line would cost hundreds of times more than a border wall, estimates show that on a per-mile basis, high-speed rail is about four times more expensive.

Democratic gubernatorial candidate Gavin Newsom elected governor of California

California Democratic gubernatorial candidate Gavin Newsom speaks after being elected governor of the state during an election night party in Los Angeles, California, U.S. November 6, 2018. REUTERS/Mike Blake.

Finishing the entire high-speed rail project would cost an estimated $77 billion, however, finishing the Central Valley portion is projected to cost $10.6 billion or $89 million per mile.

Trump asked Congress last year for $5 billion to build 215 miles of border wall, kicking off a funding fight that only ended after the longest federal government shutdown in history. The price tag for that wall funding ask came out to $23 million per mile.

Congress recently authorized roughly $1.4 billion for 55 miles of border wall at $25 million per mile. The president’s national emergency order allows him to tap another $6.7 billion for border wall funding.

Sixteen states, led by California, sued the Trump administration to reverse the national emergency order.

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