Increases in construction costs have more than doubled the project’s original estimate, with the current cost now estimated at approximately $1.2 billion.
Infrastructure groups warn that bipartisan fuel-tax suspension proposals due to Mideast conflict gasoline cost hikes could undermine transportation funding as Congress falls behind on surface transportation reauthorization
Bipartisan gas-tax suspension proposals are gaining traction as fuel prices surge due to the Mideast conflict, but transportation groups warn the moves could further strain Highway Trust Fund finances.