Senate agrees on $148B in federal transit spending

The Senate has agreed to allocate $148 billion for transit over the next five years, according to a source close to Majority Leader Chuck Schumer’s office—money that would go toward funding long-stalled rail tunnels and subway projects.

“This deal will be a boon for the Gateway Program, MTA Penn Access, the East River Tunnels, the Second Avenue Subway and other priorities of Sen. Schumer and New York,” said a source close to the Brooklyn politician.

Of the total fund, $89.9 billion would go for roads, bridges, tunnels and airports and $59 billion would be devoted exclusively to commuter rail. 

The numbers dwarf the amounts previously provided by

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