Megaproject Funding Will Be Highlighted
Transport Topics By Eugene Mulero February 6, 2023
Ahead of his second State of the Union address to Congress, scheduled for Feb. 7, President Joe Biden toured Amtrak’s northeast corridor. He stopped in Baltimore and New York City to announce funding and resources his administration will dedicate for massive rail projects at those two hubs. The funding stems primarily from a $1.2 trillion infrastructure law enacted in 2021, which earned bipartisan backing in Congress. The Infrastructure Investment and Jobs Act established so-called megaproject grants to rehabilitate the country’s infrastructure. An intricate and sophisticated set of railway tunnels between northern New Jersey and Manhattan, coined “Gateway,” fit the mega classification. On Jan. 31, the U.S. Department of Transportation indicated nearly $300 million would be dedicated to “lay the groundwork for the much-anticipated Gateway.”
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