New Jersey Governor Chris Christie on Thursday held his first town hall meeting since becoming embroiled in a furor over bridge traffic lane closures, and voters asked him about almost anything but the scandal.
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#68 Feb 26, 2014
Don't forget boyz, you both have to take your turn bending over and puckering up!
The Trans Hudson project is dead mates. Thanks to my man Chris Christie who protected NJ taxpayers from another federally sponsored money pit.
Apparently mates he and that project piss you both off, as do I. Oh well, you've got one another to hang on to for comfort.
So TTT, let me know when you can answer the question about NY State's share in the overall project because I think it's share and your posting value add up to one big ZERO!
#69 Feb 26, 2014
Call this the "final Straw", the one that broke the camel's back AKA you two humps!
This project was typical pork barrel spending by the liberal Dems.
Trans-Hudson Rail Project Terminated
October 07, 2010
By Jack Buehrer
Text size: A A
New Jersey Governor Chris Christie today killed the $8.7 billion Trans-Hudson River passenger rail tunnel project that was expected to double commuter train capacity between New Jersey and Manhattan.
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Christie said he feared cost overruns on the Access to the Region’s Core (ARC) project could cost the state between $2 billion and $5 billion, despite commitments of $3 billion each from the Federal Transit Administration and the Port Authority of New York and New Jersey.
“I will not allow taxpayers to fund projects that run over budget with no clear way of how these costs will be paid for,” Christie said.“The ARC project costs far more than New Jersey taxpayers can afford and the only prudent move is to end this project.”
Christie, who halted construction on Sept. 10 to conduct a 30-day review of the project, said the study confirmed that costs are expected to exceed the current budget possibly by nearly $6 billion. The state would have been on the hook for any costs over the $8.7 billion budget agreed upon by New Jersey Transit, the Port Authority and the FTA.
According to a report filed to the governor by his ARC Project Executive Committee, about $478 million in cash had been spent on the project as of Sept. 30.
In August, both the FTA and NJ Transit submitted updated project cost ranges in order to finalize a federal Full Funding Grant Agreement that needed to be reached before the project officially qualified for the $3 billion federal share. NJ Transit estimated the project would cost between $8.7 billion and $10 billion while the FTA submitted a range of $10.9 billion to $13.7 billion. Neither range included costs for the construction of a new $775 million railroad bridge which, according to the governor’s office, was necessary for the operation of the railroad after the tunnel was finished. After the 30-day review, the final agreed-upon range was between $11 billion and $14 billion, including the cost of the railroad bridge.
“The current economic climate in New Jersey simply does not allow for this project to continue considering the substantial additional costs that are required,” said Jim Weinstein, executive director of New Jersey Transit.“The ARC project is just not a financially viable project that we can responsibly move forward.”
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