(Source: www.nj.com, November 25, 2015)
NEWARK, N.J. — One of the nation’s leading financial rating agencies has weighed in on the Gateway Tunnel project, deeming it necessary to the regional economy and joined others who’ve suggested charging riders to help fund the project. Moody’s Investor’s Service joined two other experts who suggested charging a user fee to commuters and travelers who make between 73 million and 100 million trips a year through the 105-year old tubes under the Hudson River between New York and New Jersey.
Full story: www.nj.com