Trump Opposes Funding Cost Overruns for ‘Gateway’ Project

Trump Opposes Funding Cost Overruns for ‘Gateway’ Project

President Trump said he opposes what he called massive cost overruns tied to the Gateway infrastructure project in New York and New Jersey, warning it could balloon billions beyond projections. He compared it to California’s high-speed rail project, arguing both risk becoming financial disasters without stricter oversight and planning. Trump stated the federal government will not cover any cost overruns, saying “not one dollar” beyond agreed funding would be provided, though he expressed willingness to meet to prevent excessive future costs. He also dismissed reports about renaming Penn Station to “Trump Station,” calling the claim fake news.

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