"The Gateway Tunnel is a critical infrastructure project for the states of New Jersey and New York, and more broadly for the entire region," says Asst. WH Press Sec. Frank Benenati in e-mail comment. Plan would create high-speed rail route to alleviate bottleneck along the Northeast Corridor NOTE: Project similar to Access to the Region's Core (ARC) cancelled in Oct. 2010 by N.J. Gov. Chris Christie. Related story: Christie's Political Ambitions Confront Need for U.S. Tunnel Aid
Source: Bloomberg.com news