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As feds equivocate, Hudson tunnel cost grows to $13 billion

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By DANA RUBINSTEIN

07/06/2017 02:06 PM EDT

A plan to build a new passenger rail tunnel — and repair the existing one that’s now falling apart — will cost nearly $13 billion and could, perhaps, be completed in late 2026, according to a draft environmental impact statement released Thursday.

That $13 billion represents an increase over the original estimate of the project, which was routinely pegged by officials as somewhere in the $8 to $10 billion range.

The new estimates might be conceptual too.

http://www.politico.com/states/new-jersey/story/2017/07/06/hudson-tunnels-which-feds-have-yet-to-commit-to-will-cost-13-billion-113245