Gov. Chris Christie today terminated the over-budget Hudson River commuter train tunnel, America’s largest public works project, ending for now the two-decade-old quest to expand rail capacity between New Jersey and midtown Manhattan.
“It’s a dollars and sense issue. I cannot place, upon the citizens of the state of New Jersey, an open-ended letter of credit,” Christie said.
It was the second time the governor killed the tunnel this month. He scrapped the project on Oct. 7, saying his advisers were projecting overruns of $2.3 billion to $5.3 billion beyond the $8.7 billion tunnel price tag.
Full Story: Gov. Christie cancels ARC tunnel for second time | NJ.com
