U.S. Sens. Bob Menendez (D-NJ) and Cory Booker (D-NJ) applauded the Biden administration’s upgraded “medium-high” rating of the Hudson River Tunnels under the Capital Investment Grants program, which enables the overall Gateway Project to move forward.
A critical piece of the Gateway Project, the tunnels require significant repairs in the coming years due to damage during Superstorm Sandy. If they were to be shut down or taken out of service without a replacement in place, Amtrak estimates it could cost the economy nearly $100 million per day.
