THE ART OF THE DEAL: Trump renews threat to cut funding for $16B Gateway project.

In a fiery social media post, Trump reiterated his opposition to the proposed rail tunnel connecting New Jersey and New York City under the Hudson River as New York and New Jersey leaders demand the release of tens of millions of dollars in federal funding frozen by his administration.

“I am opposed to the future boondoggle known as ‘Gateway,’ in New York/New Jersey, because it will cost many BILLIONS OF DOLLARS more than projected or anticipated,” Trump wrote on Truth Social Monday. “The project will be financially catastrophic for the region, unless hard work and proper planning is done, NOW, to avoid insurmountable future cost overruns.”

Trump said the federal government is willing to meet with New York and New Jersey officials to discuss funding for the project.

I’m not sure what local officials might fear more: Losing all their federal funds, or having a developer like Trump come in to look at their books.