The port authority voted 5-2 to give the nod to the Tunnel to Nowhere, a $435 million dollar project that will link the north side of the city with the downtown subway rail system.
$435 million is not going to be the last figure. It’s reported that the project — a Federal, State and local project [...]

The following is posted with permission of the  Vigilant Investor site: 
News headlines today announce yet more reasons to throw the CPI number out the window:

UPDATE 1-Gold hits new 25-yr high over $604, silver surges
Gold storms to new 25-yr high, silver surges
Crude Oil Futures Briefly Touch $70
What U.S. Government Won’t Reveal About Inflation: John Wasik

Of course, [...]