Trump Says Government Won’t Pay for NJ-NY Tunnel ‘Cost Overruns’

Feb. 16, 2026, 8:44 PM UTC

The federal government won’t cover any cost overruns on a $16 billion Hudson River rail tunnel project for which the White House previously froze funding, President Donald Trump warned on Monday.

Trump, in a post on his Truth Social platform, urged authorities to “avoid insurmountable future cost overruns” and offered meetings to ensure the project does not go above budget.

“Please let this statement represent the fact that, under no circumstances, will the Federal Government be responsible for ANY COST OVERRUNS - NOT ONE DOLLAR!” Trump wrote.

His administration halted funding for the project in October, citing a new Department ...

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