New day, new passageway.
As part of a more extensive campaign to contrast his economic agenda with that of Republicans, President Joe Biden is prepared to highlight a $292 million mega grant that will be used to help build a new train tunnel beneath the Hudson River between New York and New Jersey.
The sum is a portion of the $1.2 billion in mega grants given out by the infrastructure statute of 2021.
The Democratic president stopped in Baltimore on Monday to celebrate replacing an outdated train tunnel.
He vowed that government expenditure on infrastructure would spur economic growth and create blue-collar jobs. The visit to New York City comes shortly after that stop.
“When we work together, there’s not a damn thing we can’t do,” Biden said on Monday. “When America sees these projects rising across the country, it sends a vital message. “Nothing is beyond our ability,”
A counter-programming against the new House Republican majority, the two excursions amount to because they believe that government spending is slowing growth and that the budget should be balanced, Republican lawmakers are asking for significant spending reductions in exchange for raising the government’s legal borrowing limit.
House Speaker Kevin McCarthy, R-Calif., and Biden are slated to meet on Wednesday.
Although White House officials claim Biden won’t negotiate over the necessity of raising the federal debt limit, McCarthy plans to press his case for spending reductions.
Nobody in America, according to McCarthy, “doesn’t think there’s some needless Washington expenditure that we can remove.” McCarthy made this statement to CBS News on Sunday.
According to certain members of the Biden administration, the Hudson Tunnel Project serves as an example of what could be lost if the expenditure is reduced. According to the White House, the construction is expected to create 72,000 jobs overall.
After decades of underfunding by the government, the project will repair the 1910 tunnel that presently transports around 200,000 people weekly between New Jersey and Manhattan beneath the Hudson.
To preserve a right of way for the future tunnel, the funding would also be utilized to aid in completing the concrete casing for an additional rail tunnel beneath the river.
The $16 billion project will help relieve congestion for commuters from New Jersey and Amtrak passengers passing through New York City.
The Calcasieu River Bridge replacement in Louisiana, the Alligator River Bridge in North Carolina, a commuter rail in Illinois, the Brent Spence Bridge that connects Kentucky and Ohio, a transit and highway plan in California, and roads in Oklahoma, Pennsylvania, and Mississippi are some other projects that will receive mega grants.
The mega grant scheme hasn’t been received favorably by everyone. According to some Republican politicians in Arizona, it gave expansion and new building the cold shoulder in favor of mass transit and repair programs.