Yesterday, the U.S. Senate passed the roughly $1 trillion package to help fix the nation’s roads and pipes and public transit. The bill now awaits more drama in the House.
Rail enthusiasts are generally elated by the fresh $66 billion for passenger and freight rail, the biggest investment the federal government has made in railroads since Amtrak was founded in 1971. But a good chunk of that money might go to just one 10 mile stretch of track: The Gateway Project, connecting New Jersey and New York City.
More than 200,000 passengers rode the rails between New Jersey and Penn Station every day before COVID hit, through a tunnel damaged by Hurricane Sandy.
“I think most people within the passenger rail industry would form the consensus opinion that the Gateway is the most important rail project currently ongoing,” said Sean Jeans-Gail, vice president of policy and public affairs for the Rail Passengers Association.
The problem is the price: up to $30 billion, depending on whether features like a new wing for Penn Station will be included in the total.
Not all of that tab is on the infrastructure bill. But overall, states like New York, New Jersey and others in the northeast corridor will likely gobble up a big chunk of those new rail dollars.
While improving the most congested rail network in the country is obviously important, Jeans-Gail said the infrastructure package does not realize President Joe Biden’s original dream for a national, state-of-the-art rail system.
“You cannot have a national program that spends the vast majority of its money in northeastern states,” Jeans-Gail said.
New York should ask why its transit projects are more expensive than places like Paris and Tokyo, said New York University transit researcher Alon Levy.
“Often it is three white-collar supervisors doing the job of one,” Levy said.
The infrastructure bill also allocates a fresh $110 billion to roads and bridges. Rail advocates say they’d like some of that funding for rail projects not near the Hudson River.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.