Federal contributions of $3 billion toward the $8.7 billion cost of a new commuter train tunnel between New Jersey and Manhattan is the largest federal expenditure for a single project to date in the history of the Federal Transit administration, agency chief Peter Rogoff announced at the ceremony yesterday, where New Jersey Governor Jon Corzine said the project will create 6,000 new construction jobs for the next six or seven years, and 45,000 more new jobs once the two tracks in the tunnel are operational in 2017.
Tuesday, June 9, 2009
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