Tuesday, June 9, 2026
  • Contact Us
  • Advertise
  • Privacy Policy
  • Terms of Use
  • Members
  • Sign in
Westfair Communications
  • HOME
    • WESTCHESTER
    • FAIRFIELD
  • E-EDITIONS
    • Business Journal
    • 250 Years of Business & Commerce in America
    • Podcasts
  • MEMBERS
  • BUSINESS LISTS
  • INDUSTRIES
    • Economic Development
    • Real Estate
    • Hudson Valley
    • Courts
    • Banking & Finance
    • Construction
    • Economy
    • Education
    • Health Care
    • Food & Beverage
    • Government
    • Mergers & Acquisitions
    • Nonprofits
    • Retail
    • Technology
    • Home & Design
    • Health & Fitness
    • Travel
    • Lifestyle
  • SMALL BUSINESS
    • Small Business
    • Food & Restaurants
  • EVENTS
    • 2026 C-Suite Awards
    • 2026 Women Innovators
    • 2026 Millennial & Gen Z
    • 2026 Hispanic Innovators
    • Events Calendar
    • Past Events
      • 2026
        • 2026 Doctors of Distinction
        • 2026 40 Under Forty
        • 2026 Real Estate
        • 2026 Women in Power
      • 2025
        • 2025 Hispanic Innovators
        • 2025 Doctors of Distinction
        • 2025 C-Suite Awards
        • 2025 Women Innovators
        • 2025 40 Under Forty
        • 2025 Millennial & Gen Z
        • 2025 Real Estate
      • 2024
        • 2024 Doctors of Distinction
        • 2024 Women Innovators
        • 2024 40 Under 40
        • 2024 Real Estate
        • 2024 Women In Power
      • 2023
        • 2023 Women In Power
        • Milli + Genz
        • Women Innovators
        • Forty Under 40
        • Doctors of Distinction
        • Real Estate
      • 2022
        • 2022 Millennial + GenZ Awards
        • 2022 C-Suite Awards
        • 2022 Doctors of Distinction
        • 2022 THE FUTURE OF REAL ESTATE
        • 2022 FORTY UNDER 40
      • 2021
        • 2021 FORTY UNDER 40 VIRTUAL EVENT
        • 2021 TOP WEALTH ADVISORS Virtual Event
        • 2021 Milli + GenZ Awards
        • 2021 C-SUITE
        • 2021 DOCTORS OF DISTINCTION
  • GOOD THINGS
  • VIDEOS
    • Our Starting Lineup
    • News Videos
  • PARTNERS
  • ADVERTISE
  • SUBSCRIBEACT NOW
    • NEWSLETTERS
    • DIGITAL ACCESS
No Result
View All Result
  • HOME
    • WESTCHESTER
    • FAIRFIELD
  • E-EDITIONS
    • Business Journal
    • 250 Years of Business & Commerce in America
    • Podcasts
  • MEMBERS
  • BUSINESS LISTS
  • INDUSTRIES
    • Economic Development
    • Real Estate
    • Hudson Valley
    • Courts
    • Banking & Finance
    • Construction
    • Economy
    • Education
    • Health Care
    • Food & Beverage
    • Government
    • Mergers & Acquisitions
    • Nonprofits
    • Retail
    • Technology
    • Home & Design
    • Health & Fitness
    • Travel
    • Lifestyle
  • SMALL BUSINESS
    • Small Business
    • Food & Restaurants
  • EVENTS
    • 2026 C-Suite Awards
    • 2026 Women Innovators
    • 2026 Millennial & Gen Z
    • 2026 Hispanic Innovators
    • Events Calendar
    • Past Events
      • 2026
        • 2026 Doctors of Distinction
        • 2026 40 Under Forty
        • 2026 Real Estate
        • 2026 Women in Power
      • 2025
        • 2025 Hispanic Innovators
        • 2025 Doctors of Distinction
        • 2025 C-Suite Awards
        • 2025 Women Innovators
        • 2025 40 Under Forty
        • 2025 Millennial & Gen Z
        • 2025 Real Estate
      • 2024
        • 2024 Doctors of Distinction
        • 2024 Women Innovators
        • 2024 40 Under 40
        • 2024 Real Estate
        • 2024 Women In Power
      • 2023
        • 2023 Women In Power
        • Milli + Genz
        • Women Innovators
        • Forty Under 40
        • Doctors of Distinction
        • Real Estate
      • 2022
        • 2022 Millennial + GenZ Awards
        • 2022 C-Suite Awards
        • 2022 Doctors of Distinction
        • 2022 THE FUTURE OF REAL ESTATE
        • 2022 FORTY UNDER 40
      • 2021
        • 2021 FORTY UNDER 40 VIRTUAL EVENT
        • 2021 TOP WEALTH ADVISORS Virtual Event
        • 2021 Milli + GenZ Awards
        • 2021 C-SUITE
        • 2021 DOCTORS OF DISTINCTION
  • GOOD THINGS
  • VIDEOS
    • Our Starting Lineup
    • News Videos
  • PARTNERS
  • ADVERTISE
  • SUBSCRIBEACT NOW
    • NEWSLETTERS
    • DIGITAL ACCESS
No Result
View All Result
Westfair Communications
No Result
View All Result
Home Fairfield

Kicking the can down the road

Patrick Gallagher by Patrick Gallagher
June 14, 2012
0
Share on LinkedInShare on FacebookShare on Twitter

BY PATRICK GALLAGHER and ALEXANDER SOULE

Even as Connecticut overhauls its Department of Transportation to better compete for discretionary federal funding, the state in June found itself fighting to secure regular funding it had already counted on in its existing budget.

U.S. Sen. Richard Blumenthal said Connecticut stands to lose $520 million and thousands of jobs over two years if the U.S. House of Representatives does not pass a surface transportation bill by the end of this month.

Blumenthal addressed the bill during a June visit to Deloitte”™s Wilton offices. Later that same day, Gov. Dannel P. Malloy held his own teleconference with the mayor of Los Angeles to press Congress to reach an agreement on the transportation reauthorization bill.

“It”™s a fact that across the country, there”™s a huge backlog of new transportation or repair projects that must be done,” Malloy said. “The Highway Trust Fund is running out of money, but for nearly three years states like Connecticut and cities like Los Angeles have operated under a cloud of short-term extensions that have not addressed the solvency of the fund.”

Connecticut DOT lists 13 big projects under way at present in Connecticut, perhaps the most significant being plans for a high-speed rail running north from New Haven through Hartford and beyond; and the replacement of New Haven”™s Q Bridge.

Malloy recently participated in a groundbreaking for the CTfastrak bus line that will provide rapid service between New Britain and Hartford. CTfastrak is being constructed on an abandoned railroad corridor from New Britain to Hartford”™s Union Station. Buses will operate from 4:30 a.m. to the following 1:30 a.m, including at intervals as tight as three minutes at peak rush hour.

The federal government will cover $455 million of the $567 million project cost, with the remaining $112 million funded by the state. An estimated 4,000 construction jobs and at least 100 permanent jobs will result.

Across the border, New York State Thruway Authority officials say the federal impasse could have a big effect on sources of funding for a new Tappan Zee Bridge.

A bipartisan group comprising U.S. Sen. Kirsten Gillibrand (D-N.Y.) and thirteen members of New York”™s congressional delegation addressed a letter in May to the 47-member conference committee seeking a compromise between separate transportation bills passed by the Senate and the House.

In the letter, they urged the committee to adopt a funding level of at least $1 billion for the Transportation Infrastructure Finance and Innovation Act (TIFIA) program as specified by the Senate-passed transportation bill.

By funding the TIFIA program, which provides direct loans, loan guarantees and credit assistance for major transportation infrastructure projects, developments such as a new, $5.2 billion Tappan Zee Bridge will be able to move forward with greater ease.

New York state sought a $2 billion federal TIFIA loan for the bridge”™s development, but the state was not invited by the U.S. Department of Transportation to apply for such a loan under the current round of funding. State transportation officials have said they would continue to seek federal assistance during the next round of TIFIA disbursements.

Rep. Nita Lowey (D-Harrison, N.Y.) called on House Speaker John Boehner (R-Ohio) to bring the Senate-passed version of the bill to a floor vote should the conference committee fail to reach an agreement by June 30.

“Kicking the can down the road with another extension fails to provide businesses with the certainty they need to invest and hire workers to rebuild our nation”™s infrastructure,” Lowey said, adding that the highway funding measure currently supports 113,000 jobs in New York state.

This page is available to subscribers. Click here to sign in or get access.

Previous Post

AG seeks to limit utility’s storm-cost recovery

Next Post

For the love of fabric

Related Posts

Greenwich retail property listed by Cushman & Wakefield
Arts & Leisure

Greenwich retail property listed by Cushman & Wakefield

June 9, 2026
Great Rock Capital leads trio of new long-term leases on Riverside Ave. in Westport
Business

Great Rock Capital leads trio of new long-term leases on Riverside Ave. in Westport

June 9, 2026
Stamford Health proposes $275M transformation of its campus
Business Journals

Stamford Health proposes $275M transformation of its campus

June 9, 2026
Next Post

For the love of fabric

Subscribe to our newsletter

Lifestyle

  • Exclusives
  • Good Things Happening
  • Food & Restaurants
  • Travel
  • Health & Fitness
  • Home & Design

World News

Trump Administration targets Social Security; Hudson Valley offices affected
World News

CNN WIRE — Report confirms Social Security cuts loom unless Congress acts

by CNN Wire
June 9, 2026
0

By Tami Luhby, CNN (CNN) — Tens of millions of retirees and other Americans could see smaller monthly Social Security...

U.S. and world news for June 9

U.S. and world news for June 9

June 9, 2026
CNN WIRE — Lawsuit aims to stop UFC fight at the White House

CNN WIRE — Lawsuit aims to stop UFC fight at the White House

June 8, 2026
Five stabbed at Penn Station ahead of NBA finals

Five stabbed at Penn Station ahead of NBA finals

June 8, 2026
U.S. and world news for April 17

U.S. and world news for June 8

June 8, 2026
CNN WIRE — Scott Pelley speaks out in NY Times interview

CNN WIRE — Scott Pelley speaks out in NY Times interview

June 7, 2026
No Result
View All Result

Latest News

Greenwich retail property listed by Cushman & Wakefield
Arts & Leisure

Greenwich retail property listed by Cushman & Wakefield

by Gary Larkin
June 9, 2026
0

The retail property at 179 Hamilton Ave. in Greenwich has been listed for sale by Cushman &...

Great Rock Capital leads trio of new long-term leases on Riverside Ave. in Westport

Great Rock Capital leads trio of new long-term leases on Riverside Ave. in Westport

June 9, 2026
Trump Administration targets Social Security; Hudson Valley offices affected

CNN WIRE — Report confirms Social Security cuts loom unless Congress acts

June 9, 2026
Restaurants, bars given extended alcoholic beverage hours for World Cup

Restaurants, bars given extended alcoholic beverage hours for World Cup

June 9, 2026
Thornwood carnivore promoter ordered to pay $234,000

Thornwood carnivore promoter ordered to pay $234,000

June 9, 2026
Logo Westfair Business Journal

Latest News

Greenwich retail property listed by Cushman & Wakefield

Great Rock Capital leads trio of new long-term leases on Riverside Ave. in Westport

CNN WIRE — Report confirms Social Security cuts loom unless Congress acts

  • About Us
  • Contact Us
  • Advertise
  • Privacy Policy
  • Terms of Use
  • Sign in

Trending Westchester

Subscribe to our newsletter

© 2024 Westfair Business Publications. All rights reserved. Westfair Communications (Westfair), a privately held publishing firm based in Mount Kisco, N.Y., publishes the Westchester County Business Journal in New York state and the Fairfield County Business Journal in Connecticut.

No Result
View All Result
  • HOME
    • WESTCHESTER
    • FAIRFIELD
  • E-EDITIONS
    • Business Journal
    • 250 Years of Business & Commerce in America
    • Podcasts
  • MEMBERS
  • BUSINESS LISTS
  • INDUSTRIES
    • Economic Development
    • Real Estate
    • Hudson Valley
    • Courts
    • Banking & Finance
    • Construction
    • Economy
    • Education
    • Health Care
    • Food & Beverage
    • Government
    • Mergers & Acquisitions
    • Nonprofits
    • Retail
    • Technology
    • Home & Design
    • Health & Fitness
    • Travel
    • Lifestyle
  • SMALL BUSINESS
    • Small Business
    • Food & Restaurants
  • EVENTS
    • 2026 C-Suite Awards
    • 2026 Women Innovators
    • 2026 Millennial & Gen Z
    • 2026 Hispanic Innovators
    • Events Calendar
    • Past Events
      • 2026
      • 2025
      • 2024
      • 2023
      • 2022
      • 2021
  • GOOD THINGS
  • VIDEOS
    • Our Starting Lineup
    • News Videos
  • PARTNERS
  • ADVERTISE
  • SUBSCRIBE
    • NEWSLETTERS
    • DIGITAL ACCESS

© 2024 Westfair Business Publications. All rights reserved. Westfair Communications (Westfair), a privately held publishing firm based in Mount Kisco, N.Y., publishes the Westchester County Business Journal in New York state and the Fairfield County Business Journal in Connecticut.