Obama-Era Government Waste Project Axed
Article from Reason by Christian Britschgi.
It’s rare for a president to pull funding from a sweetheart transportation project. But on the final Friday of 2017, the Trump administration announced that it was backing away from an Obama-era plan to lavish billions in federal aid on the Hudson Tunnel project.
Billed as “the nation’s most urgent major infrastructure project” by its proponents, the venture envisions a new rail tunnel beneath the Hudson River along with repairs to an existing rail tunnel damaged by Hurricane Sandy. All of this would mostly serve to increase rail transit service within the New York City metro area.
And on Friday, Federal Transit Administration Deputy Director K. Jane Williams renounced Obama’s 2015 funding pledge entirely in a letter to New York Budget Director Robert Mujica.
The even split between federal and local funding, Williams said in her letter, “would be considerably higher than much existing precedent for past ‘mega projects.'” Such a commitment, she pointed out, would completely exhaust the federal government’s Capital Infrastructure Grant program on a single project.
Read the entire article at Reason.
Image Credit: By Jericho [CC BY 3.0 (http://creativecommons.org/licenses/by/3.0)], via Wikimedia Commons