Amtrak Needs $38 Billion for Northeast Corridor Repairs
- Scarce funds for line used mostly by N.Y. and N.J. commuters
- Through 2022, $10 billion needed for Gateway tunnel project
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The busiest U.S. passenger rail route needs $38 billion to stay in good working order, a 36 percent jump over the estimate just a year ago, according to a group that oversees the Northeast Corridor.
Though Amtrak and the regional railroads that use its tracks have pledged $3.3 billion for infrastructure over five years, that won’t go toward the backlog of projects needed to refurbish signals and power systems, replace bridges and build a new Hudson River tunnel connecting New York and New Jersey, according to a five-year capital-investment released Thursday by the Northeast Corridor Commission.