So a tunnel will be built into Manhattan by a different bankrupt entity: Amtrak.

With the beneficiary being Metro-North who will be able to go to Penn as opposed to just Grand Central.

Yes, we’ll get some more trains (they may even dangle single seat to us drooling Raritan Valley riders). But no getting to the East Side. (We still can hold out hope for the Number 7 tunnel out of Secaucus.)

And the cost overruns will be spread across the country since it’s a Fed project.

My prediction? 20 years or never.

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