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Amtrak Chairman Kosher outlines cost management for $37B Gateway Program

June 22, 2023 | Commerce, Science, and Transportation: Senate Committee, Standing Committees - House & Senate, Congressional Hearings Compilation


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Amtrak Chairman Kosher outlines cost management for $37B Gateway Program
During a recent U.S. Senate Committee on Commerce, Science, and Transportation meeting, significant discussions centered around the Gateway Program, a major infrastructure initiative with a staggering estimated cost of $37 billion. Concerns were raised about potential cost overruns and the impact on taxpayers nationwide, as committee members scrutinized Amtrak's ability to manage such large-scale projects effectively.

Senator Ted Cruz highlighted the rising price tag of the Gateway Program, questioning whether the current estimate reflects inflated labor costs. He emphasized the importance of ensuring that taxpayer dollars are spent wisely, particularly as the 2021 infrastructure law has already allocated tens of billions for similar projects in the Northeast Corridor.

Amtrak Board Chairman, Mr. Kosher, responded by outlining the steps taken to improve project management and completion timelines. He acknowledged the historical challenges of managing mega projects in the U.S. and stressed the need for thorough planning and oversight to avoid cost overruns. Kosher pointed out that many issues arise from rushing into construction without a solid plan, which can lead to unpredictable costs and delays.

He assured the committee that Amtrak is committed to completing the Gateway Program responsibly, with a focus on accountability and meeting benchmarks throughout the project. Kosher expressed optimism that the first phase, the Hudson Tunnel Project, which is budgeted at $16.5 billion, would remain on track financially.

The discussions underscored the broader implications of the Gateway Program, not only for the New York and New Jersey regions but also for the national economy. As the committee continues to monitor the project's progress, the focus remains on ensuring that it is completed on time and within budget, reflecting a commitment to responsible infrastructure development that benefits communities across the country.

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