Tolls to pay for Hudson Tunnel project | NJ Spotlight News

That plan called for New Jersey’s contribution to the tunnel project to be funded with increased fares from New Jersey Transit riders. It was immediately panned at the time by then-incoming New Jersey Gov. Phil Murphy, a Democrat who has refused to increase rider fares since taking office in early 2018. Late last … See more

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Stop Subsiding Mass Transit At The Expense Of Drivers - Nj.com

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Oct 13, 2021 · Funding the Hudson Tunnel Project with 3% annual toll increases illustrates just how far Gov. Phil Murphy has gone off the rails. For four years, Murphy has refused to raise …

nj.com

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N.J. Turnpike Agrees To Pay Billions To Help Fund The Gateway Tunnel

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Dec 20, 2022 · The agreement comes as the Turnpike Authority took in $2.24 billion in total revenue for the first 11 months of 2022. That is $129.5 million higher than budget projections. …

nj.com

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NJ To NYC Bridge And Tunnel Tolls, Newark Airport Prices Could Rise

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Nov 14, 2024 · Tolls proposed to go up starting next year. The Port Authority of New York and New Jersey started the process for a $1 toll increase at the Lincoln and Holland tunnels, as …

usatoday.com

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After More Than A Century, A New Train Tunnel Under The Hudson …

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Oct 29, 2024 · The Gateway Program’s Hudson Tunnel Project (HTP) is a massive, $16 billion effort to drill a new tunnel containing two new tracks through the granite cliffs of New Jersey’s …

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Feds To Contribute $3.8B More For New Hudson Train Tunnel - PBS

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Nov 3, 2023 · NJ Spotlight News. Feds to contribute $3.8B more for new Hudson train tunnel ... of the Gateway train tunnel project under the Hudson River began an Earnest today hyper fueled …

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Gateway Gets Full Funding For $12 Billion Cross-Hudson Tunnel

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Jul 8, 2024 · The Biden administration’s $12 billion total commitment to the Gateway project constitutes the largest federal investment in a rail transit project in modern history. Loans from …

newjerseyglobe.com

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Policy Change Could Shave NJ's Hudson Tunnel Costs | NJ Spotlight …

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Dec 20, 2021 · The cost of constructing a new tunnel will be split among the federal government and several local partners, with New Jersey’s share of the project estimated to be $1.6 billion, …

njspotlightnews.org

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Largest Federal Transportation Grant Ever Awarded To Critical NY-NJ ...

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Jul 6, 2023 · The $6.88 billion grant for the Gateway project includes constructing a new tunnel beneath the Hudson River parallel to the decaying North River tunnel, which is more than a …

cnn.com

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Toll Hike Set For January 1 | NJ Spotlight News

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Dec 16, 2021 · The first 3% increase was included in the agency’s latest annual budget. The South Jersey Transportation Authority, which operates the Atlantic City Expressway, also …

njspotlightnews.org

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Another Toll Hike Is Approved For The NJ Turnpike And Parkway.

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6 days ago · NJ Turnpike Authority officials approved a $2.7 billion 2025 budget Tuesday that includes the fourth 3% toll increase since 2020 on both the Turnpike and Garden State Parkway.

nj.com

FAQs about Tolls to pay for Hudson Tunnel project | NJ Spotlight News Coupon?

Will the $16 billion Gateway Hudson River Tunnel be funded?

The massive $16 billion Gateway Hudson River Tunnel is among those projects recommended for funding from the administration’s Capital Investment Grant New Starts program announced by federal transportation officials in March. This announcement is the next step in the process. ...

How much are NJ Turnpike tolls going up?

See how much tolls are going up. NJ Turnpike Authority officials approved a $2.7 billion 2025 budget Tuesday that includes the fourth 3% toll increase since 2020 on both the Turnpike and Garden State Parkway. The vote to approve the budget came after a drivers group called on Gov. Phil Murphy to veto it. ...

What is the New Jersey rail tunnel project?

It involves building a new two-track rail tunnel under the Hudson River and fixing the old North River tunnel that was damaged by Superstorm Sandy. The $16 billion effort aims to solve ongoing issues and improve the reliability of NJ Transit and Amtrak services. ...

How much does the Hudson Tunnel project cost?

The federal funding commitment to the Hudson Tunnel Project represents the largest federal investment ever in a mass transit project. Altogether, GDC has $12 billion in federal commitments, with total project costs split 70-30 between federal and local partners. ...

What is the Hudson River Tunnel project?

The Hudson River Tunnel project is part of the larger Gateway Program which envisions expanding and rebuilding the rail line between Newark, New Jersey and New York City through a number of projects, including the new Portal North Bridge, which broke ground last year and is supported by over $1 billion in federal transportation funding. ...

How will the new Hudson River Tunnel impact the rail industry?

“The new Hudson River Tunnel will supercharge the rail connections across our region and to the nation, improving and expanding rail service in ways we’ve only been able to dream about in the past,” Coscia said in a release. ...