Statement by Edison Severino, Business Manager, Asbestos, Lead & Hazardous Waste Laborers' Local 78 on the Port Authority Plan to Finance Its Capital Program

Aug 09, 2011, 13:00 ET from Laborers' Local 78

NEW YORK, Aug. 9, 2011 /PRNewswire-USNewswire/ -- The following statement was released today by Edison Severino, business manager of Laborers' Local 78:

"At a time when the Federal government seems incapable of taking the action necessary to create the jobs that will put our members back to work, the Port Authority of New York and New Jersey has developed a long-term capital plan that will create thousands of good-paying, union jobs. That plan can only be implemented if the Port Authority can finance and fund it. Their only source of funding is through tolls and fares on its bridges and roadways. That is why it is so important that the proposed toll and fare increases be approved.

"Each day thousands of New Yorkers depend on Port Authority facilities and infrastructures to get to work, travel and maintain the quality of life we have all come to expect. On behalf of the more than 4,500 members of the Asbestos, Lead and Hazardous Waste Laborers of Local 78, I am pleased to lend my support to the proposed toll and fare increases, that will support the Port Authority's capital plan. The return on this investment, in the form of good paying jobs, a better infrastructure and new and efficient transportation centers, will benefit the region and all its residents for years to come."

SOURCE Laborers' Local 78