LIVE NOW: President Biden in NYC, announces $292M grant for Hudson Tunnel project
The stop is part of a "Rail Week" tour by the president, who visited Baltimore Monday to talk about using infrastructure law funds to replace a 150-year-old rail tunnel there.The president is pledging that government spending on infrastructure will boost economic growth and create blue-collar jobs.
GOP lawmakers are seeking deep spending cuts in exchange for lifting the government's legal borrowing limit, saying that federal expenditures are hurting growth and that the budget should be balanced. "I don't think there's anyone in America who doesn't agree that there's some wasteful Washington spending that we can eliminate," McCarthy told CBS News on Sunday.
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Biden travels to NYC to announce $292M grant for Hudson Tunnel projectThe long-delayed tunnel will improve reliability for the 200,000 weekday passengers on Amtrak and NJ Transit.
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Biden visits NYC to highlight grant for Hudson rail tunnelNEW YORK (AP) — New day, new tunnel. President Joe Biden is ready to showcase a $292 million mega grant that will be used to help build a new rail tunnel beneath the Hudson River between New York and New Jersey, part of a broader effort to draw a contrast between his economic vision and that of Republicans.
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Biden heads to NYC to tout impact of infrastructure bill on Hudson Tunnel ProjectThe total cost of this phase of the project is $649 million, and the overall Hudson Tunnel Project is estimated to end up costing more $16 billion.
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Biden to announce $292M grant for Gateway Tunnel today in NY visitPresident Joe Biden is scheduled to speak about the project at a Long Island rail yard at 1 p.m. today.
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