Using the half-completed $2.7-billion construction of Terminal 1 at Newark Liberty International Airport in Newark, N.J., as backdrop, the chief of the New York City region's major transportation agency on May 20 amplified its week-earlier plea for $3 billion in federal aid to cover COVID-19-depleted revenue.
Rick Cotton, executive director of The Port Authority of New York and New Jersey, said the shortfall from big drops in air, rail, bus, port and bridge traffic and commerce puts at risk an estimated $20 billion for planned capital projects from its budget and leveraged private investment. The authority had asked Congress for funding in a May 13 appeal.