Along the way, we were working under the assumption that it would have to be the Federal Transit Administration, the fta. That would be the federal component of funding for the railroad. They [FTA] pay 50%, and the other 50% has to be sourced locally. So that means state and local governments, Pennsylvania government, New Jersey government, and Trenton and the counties that stand to benefit, and perhaps even some of the cities. (04:00–19:18)
CLAIM
Asserts that the FTA funds 50% of the railroad project, with the rest sourced locally.
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