This week New York Senator Chuck Schumer said he will propose legislation to push construction to start on the multi-billion dollar Gateway Tunnel and Portal Bridge Project. Speaking at an event of the Association for a Better New York, Schumer said his bill would allow New York and New Jersey to advance money to get shovel-ready construction projects started and be guaranteed reimbursement from the federal government when the U.S. Department of Transportation gives its final approval.
Schumer said “if DOT continues to withhold the new starts grants from Portal and the ROD [record of decision] for the Hudson tunnels” he and fellow members of Congress from New York and New Jersey would push this legislation and attach it to an appropriations bill or some other “must-pass legislation,” according to The Bond Buyer.
Right now, Schumer said, even if the states had the money to fund the projects ready to begin the $12.7 billion plan to upgrade the rail tunnel under the Hudson River, the local government won’t spend that money for fear of not getting back what they would be owed from the federal government.
Acknowledging that this legislation is not the “magic solution” to solving the problems plaguing the Gateway Project overnight, Schumer said “the time for waiting is over.”