(Source: Bloomberg, May 28, 2019)
WASHINGTON, D.C. — It’s widely regarded as among the most vital infrastructure projects in the U.S., but it’s been canceled once and now is stuck in limbo. President Donald Trump’s administration ranks the tunnel near the bottom of 37 rated projects vying for federal mass-transit grants and loans. Proponents of the Gateway Tunnel under the Hudson River blame Trump, who they say has backed away from his predecessor’s promises of federal funding and put regulatory hurdles in the project’s way.
Full story: Bloomberg