Transportation Industry
Bush backs New York rail link
Railway Age, August, 2004
Responding to a personal appeal from New York Gov. George Pataki, the White House has agreed to support a plan that would permit New York City to convert unused 9/11 tax credits into about $2 billion in cash to help pay for a $6 billion one-ride rail link between the World Trade Center site and JFK International Airport.
The costliest part of the project is a three-mile tunnel passing under the East River to a point in Brooklyn where an elevated connector is to be built completing the link to existing AirTrain tracks to JFK. The aid package now backed by the President still requires the Congress's approval.
COPYRIGHT 2004 Simmons-Boardman Publishing Corporation
COPYRIGHT 2004 Gale Group
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