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Showing posts with the label Trump cancels RAIL

Report: Trump Administration Shuts Down $13 Billion Obama-Era Rail Tunnel Funding Deal

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Barack Obama and Donald Trump. (photo: Getty Images) Report: Trump Administration Shuts Down $13 Billion Obama-Era Rail Tunnel Funding Deal By Jacqueline Thomsen, The Hill 01 January 18 he Trump administration has shut down an Obama-era deal to have the federal government help fund a $13 billion rail tunnel project between New York and New Jersey,  according to Crain’s New York Business . In a  letter  obtained by Crain’s, an administration official calls the deal for the federal government to fund half of the project “non-existent.” "Your letter also references a non-existent '50/50' agreement between USDOT, New York, and New Jersey. There is no such agreement," Federal Transit Administration deputy administrator K. Jane Williams wrote in Friday's letter, which came after New York and New Jersey requested federal loans to cover their part of the deal to split the cost of the work. "We consider it unhelpful to reference a non-existent ...

Devin Nunes Goes Rogue

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01 January 18 AM It's Live on the HomePage Now: Reader Supported News Devin Nunes Goes Rogue  Karoun Demirjian, The Washington Post Demirjian writes: "Rep. Devin Nunes, once sidelined by an ethics inquiry from leading the House Intelligence Committee's Russia probe, is reasserting the full authority of his position as chairman just as the GOP appears poised to challenge special counsel Robert S. Mueller III's investigation of possible coordination between the Trump campaign and Russian officials." READ MORE Goldman Sachs Trying to Kill Shareholder Initiative Requiring More Lobbying Disclosure David Sirota and Josh Keefe, International Business Times Excerpt: "Amid intensifying shareholder pressure on companies to be more transparent about their political spending, Goldman Sachs has moved to prevent its shareholders from voting to force executives to disclose their efforts to influence politicians." READ MORE Pope, in Year-End Mess...