He said the project would provide tax revenue and jobs.
What would we do without the tax revenues from the City?
The program cost the city about $400 million in tax revenue last year.
The cost to the state would be $350 million a year in tax revenue.
So far this year, tax revenues are about $50 billion higher than the Administration had expected.
There's no question about the need for more tax revenue.
That has kept tax revenues too low to pay the police and other government workers.
That is about 10 percent of the city's tax revenues.
But tax revenues for the coming year are only expected to reach $174 million.
But that would have cost much more in tax revenue.