The Federal Trade Administration's head emphasized the alarm over the cost of building the World Trade Center transit hub. James Simpson said, "if the project is as advertised today, it's in the $3 billion." He added that the FTA is "holding the Port Authority's feet to the fire" to make sure the FTA's $1.9 billion grant for the project is spent wisely. Last week, the NY Times revealed the Port Authority was trying to cut......