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Momentum growing for $20B N.Y., N.J. rail tunnel

An agreement between federal leaders and officials in New York and New Jersey indicates growing political support for constructing a rail tunnel between the two states under the Hudson River, says ratings agency Moody’s Investors Services. However, questions remain about how Amtrak and New Jersey will fund their shares of the estimated $20 billion cost. Read The Washington Times/The Associated Press story here

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