WNYC's Bob Hennelly is an award-winning investigative journalist. While at WNYC he has reported on a wide gamut of major public policy questions ranging from immigration and homeland security to power outages and utility mergers.
NJ Eyes Its Share of Stimulus Package
Wednesday, January 28, 2009
New York, NY —
While New York City officials are expecting $3.4 billion in aid from President Obama's stimulus package, New Jersey officials are still waiting to find out what they're going to get. WNYC's Bob Hennelly has more.
REPORTER: What is known is that the house may grant New Jersey $770 million in aid for highways and bridges, and another $430 million for mass transit. Also house budget-makers are adding $230 million for clean water projects. That adds up to $1.5 billion for Jersey infrastructure. The Senate's allocations are still pending. Meanwhile, both New Jersey and New York middle class households who make $75,000 and up were granted a one-year shield from the Alternative Minimum Tax by the Senate Finance Committee. Providing that relief nationwide is expected to add $70 billion to the Obama Administration's $825 billion recovery program, bringing the price tag closer to $900 billion. For WNYC, I am Bob Hennelly.