From Progressive Railroading Magazine; March 2, 2018
U.S. Transportation Secretary Elaine Chao told a U.S. Senate committee yesterday that federal loans should not count toward states’ financial contributions to replace the Hudson River rail tunnels between New Jersey and New York.
Chao’s statement appears to be the latest indication that the Trump administration is backing away from a 50-50 funding commitment that New Jersey and New York officials believed they had with the U.S. Department of Transportation for the proposed $12.7 billion project.
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