Price for New York-New Jersey rail tunnel rises 30%+ to $12.9B

``The interim head of the development corporation formed to oversee the massive undertaking, John Porcari, said on Thursday the project will cost $12.9 billion, up from previous estimates of $7 billion to $10 billion. Porcari also announced the release of a preliminary environmental impact statement for the project.'' -- But don't worry, there's no inflation...