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the Port Authorityamp;#39;s talk about building a new tunnel under the Hudson River a 10 billion dollar new bus terminal is just that talk the Port Authority does not have ten billion dollars to spend on that terminal I took my chase the Manhattan Institute and there I met Steve malanga heamp;#39;s recovering the Port Authority for over a decade these assets are extremely profitable and the money is not being reinvested in the region so weamp;#39;re getting the worst of both worlds high costs and ineffective investment in our infrastructure chairman you said that itamp;#39;s going to take seven to ten years to build a port authority bus terminal where you guys at in the process right now in year one mm-hmm we all know weamp;#39;re going through the tolls easy passes just chipping away at our bank accounts so where does the money go the money goes to subsidize the money-losing operations and it goes to a lot of their projects like of course the new path station downtown which costs
