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President Trump pulls brakes on $13B Obama-backed rail-tunnel plan
[FOX] An Obama-era plan to have the federal government finance half of a $13 billion rail tunnel project ran into a red light Friday from the Trump administration.

The plan, proposed under President Barack Obama in 2015, includes revitalizing a deteriorating Amtrak tunnel connecting New Jersey to New York City, repairing damage to a dual-tunnel conduit, and reconstructing the New Jersey railroad network’s aging Portal Bridge, Crain’s New York Business reported.

Amtrak, which owns most of the rail tunnels and tracks between Boston and Washington, D.C., contends that the existing tunnel connecting New Jersey and New York City is damaged and could fail within 10 to 15 years, threatening daily rail transportation in the Northeast.

The original Obama-era plan called for costs to be split among New York state, New Jersey and the federal government.
Posted by: Besoeker 2017-12-31
http://www.rantburg.com/poparticle.php?ID=504786