John D. Porcari: “We don't have any portion of the transportation system that stands totally on its own legs financially.”

As important as the discussion is today about reengineering the process, greater efficiencies, more concurrent process, all of which we support, that only helps if the money is there to actually build the project at the end of it.

We wouldn't have an Interstate Highway System, we wouldn't have the aviation system that is the envy of the world if we didn't have trust funds with dedicated revenue sources.

To be clear, Mr. Nadler, for both the Portal Bridge and the tunnel, those projects cannot go forward without a Federal commitment.

But how, on the other hand, can you justify additional public money without constantly looking at the demand-supply equation that exists out there?