Last week, the Senate passed the Transportation Appropriations Bill that includes some big bucks for NYC mass transit projects. There's $125 million for the Second Avenue Subway, plus another $200 million for the East Side Access Project (LIRR connection to Grand Central).
Senator Chuck Schumer said, "The Second Ave. subway line will provide desperately needed relief to the severely stressed Lexington line," while Senator Hillary Clinton said, "Now that the ground has been broken and the commitment is real for the Second Ave. subway, this kind of federal investment is critical to helping the city and state keep the project on track." Ground was broken for the future T line in April.
Of course, the key will be for the Senate and House to agree on the bill: The Daily News reports, "The bill now goes to a conference committee, where the Senate and House must reach a compromise on funding for transportation projects across the nation."
Rendering of a Second Avenue subway station entrance from the MTA