Biden Budget Routes $1.2 Billion to Big Transit Projects in New York
President Biden's budget plan, released on Thursday, routes about $1.2 billion to two of the biggest transit projects in New York City: the Second Avenue Subway extension and new train tunnels under the Hudson River.Because the funding was already allocated in the $1 trillion infrastructure bill that was signed into law in 2021, it does not require additional congressional approval, said Senator Charles Schumer, Democrat of New York and the majority leader.