The U.S. Government Accelerate the Tappan Zee Bridge Solution

As you know that Tappan Zee bridge is getting older and it has to be replaced soon. However, since long time ago, there is no respond from the government about the bridge until Obama administration chooses the bridge as one of 24 projects for expedited federal review and approval. It is hoped that the work to replace the bird will be started in the spring 2013. The bridge is old enough because it was built in the 1950s, and has caused extraordinary cost for its repairs. The condition of the bridge is very bad. The rust is everywhere and the joint has loosened. If one day the bridge should be closed because of the condition, it will make at least 170,000 drivers have to find another way to cross the river.

The condition of the bridge is very crucial for the economic condition because the tappan zee bridge is the economic artery for the entire region. The government plans to build new bridge that can support the traffic. An eight-lane bridge will be built by the government to support the number of traffic in the future. The money to pay for the bridge will be as much as $5.2 billion, the government will issue $3 billion bonds against its toll revenues, and the other $2.2 billion will be financed with loans from labor pension funds.



The project will make 33,000 job years; it means one job for one year. It will also increase the income of the workers in the surrounding bridge. To return the loan for building the bridge, the government will increase the toll. The toll is now $5 and it will be increased as much as $10 each year. Let see what will happen to the bridge in the next two years. If the government is really replaced the bridge, we will have better bridge for traffic on i 87.