The Port Authority of New York and New Jersey approved a $32.2 billion capital plan that will fund infrastructure projects in both states for the next 10 years. Authority officials predict the approved program will result in a $56 billion economic boon for the area and create $20 billion in wages. 

The capital plan includes $11 billion for the redevelopment of John F. Kennedy, LaGuardia and Newark Liberty airports, as well as $2 billion for work on the George Washington Bridge and $3.5 billion for planning and construction of a new Port Authority Bus Terminal.