President Joe Biden will announce nearly $300 million in funding for work on a new rail tunnel under the Hudson River.

The White House billed the Baltimore speech by President Joe Biden as a “kickoff event” for a project to replace a 4-mile section of Amtrak’s Northeast Corridor.

The investment, which President Biden said would create “20,000 good-paying construction jobs,” is part of a $1 trillion bipartisan infrastructure bill that he signed into law in 2021.

President Joe Biden is traveling to New York City to showcase a $292 million mega grant that will be used to help build a rail tunnel beneath the Hudson River.

President Joe Biden on Tuesday showcased a $292 million mega grant that will be used to help build a new rail tunnel beneath the Hudson River between New York and New Jersey, part of a broader effort to draw a contrast between his economic vision and that of Republicans.