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Of course it is retaliation. What else would it be? His claim that it is wasteful or that it's about "fiscal sanity" (lol) [1] is simply not a believable claim. Projects like this are exactly why governments exist. But selfish little baby has to make it all about him.
[1] I love that, even now, the idiotic myth that Republicans and conservatives are somehow the best stewards of money, the economy or business still lingers on. It was a ridiculous notion decades ago and has blown way into the child-like imagination phase at this point. Conservatives and Republicans are always terrible for the economy and terrible at balancing budgets, etc.
Yeah but Conservatives and particularly Republicans are great at spreading a message. It's more important that people believe that Conservatives and Republicans are good stewards of the economy than actually being good stewards. The economy will ebb and flow regardless of what anyone does, so why do anything about it when you can just take credit for the highlights.