Trans Hudson Rail Tunnel

A formal deal was announced Thursday regarding the proposed Gateway Trans-Hudson rail tunnel that would have the federal government paying for 50 percent of the project, leaving New York and New Jersey to cover the remaining balance. The problem? The Garden State’s Transportation Trust Fund was still on pace to run out of money July 1, 2016.

Federal government have agreed to fund at least 50 percent of the cost of the proposed Gateway Tunnel Project under the Hudson River, officials said in a joint statement Wednesday.

The massive NJ Transit delays in late July have gotten the attention of the Obama Administration.

On the heels of several days of delays that snarled mass transit in New York and New Jersey last month, a Garden State lawmaker is urging the governors of both states to move quickly on a deal to construct a trans-Hudson rail tunnel to alleviate some commuter congestion.

It looks like Amtrak will be getting an additional 20 million dollars to continue work on a new Hudson River Rail tunnel connecting Jersey and New York.

Even as a report today by independent congressional investigators finds that Governor Christie misstated New Jersey's share of the costs for the Hudson River rail tunnel project, Christie reiterates that he would not send taxpayers a bill for the estimated cost overruns.