Tuesday, February 17, 2009

Lawmakers: 'Up To' $1.5B for Rail Tunnel in Stimulus

NJBiz.com article about the the federal stimulus to be signed by President Barack Obama today contains a provision that would provide up to $1.5 billion for the construction of a new rail tunnel connecting New Jersey and New York Penn Station. The article notes that the "stimulus legislation also contains more than $9 billion for Amtrak and other passenger rail programs to improve the Northeast Corridor and begin to develop a network of high-speed trains nationwide, the lawmakers said. At least $510 million will be used for additional rail improvements in Amtrak's Northeast Corridor, in addition to Amtrak's regular capital budgets for the next 19 months"

I'm happy to see this kind of funding in the bill, this will make noticeable improvements along the NEC ultimately benefiting the economy and commuters alike.


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