Bush proposes $2 billion for NY airport-rail link

By
February 1, 2007 23:45

US President George W. Bush will propose giving $2 billion (€1.5 billion) in tax incentives toward building a rail link between lower Manhattan and John F. Kennedy Airport, US Senator Charles Schumer said Thursday. New York lawmakers have spent years pushing for the money, only to see it repeatedly get taken out of various congressional spending bills, most recently in December. Its reappearance in the Bush budget to be formally unveiled next week gives new hope to the effort's backers, which include lower Manhattan real estate interests who want an express train directly linking the southern end of Manhattan to the borough of Queens, where the airport is, and heavily suburban Long Island. Schumer, a Democrat, said Bush administration officials told him Thursday the tax incentives would be a part of the proposed budget for the upcoming year.


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