Free Republic

An updated financial plan for the Hudson Tunnel Project, a cornerstone of the Gateway Program, has been developed with the Federal Transit Administration (FTA) and was submitted to FTA on Aug. 27. The plan includes a price increase of nearly $700 million from the 2020 financial plan, but project partners point out their commitment to managing costs and schedule is also reflected in the new financial plan. “The Hudson Tunnel Project is of the utmost importance to the economic well-being of New Jersey, our region and our country,” said New Jersey Gov. Phil Murphy. “The updated financial plan that is...

<p>You can't blame New Jersey Gov. Chris Christie if he feels some satisfaction over news out of the MTA.</p> <p>A new report by Inspector General Barry Kluger found that the transit agency's major development projects -- the Second Avenue subway, the LIRR link and the Fulton Transit Center -- are five years late and $2 billion over budget.</p>

New Jersey Governor Chris Christie has swiftly become a superstar in the political firmament. His stands for the taxpayers and against wasteful government spending have exhibited the type of tough decision-making people have been waiting for among our politicians; his forceful stands against the public unions and the stranglehold they have over our lives and futures have become YouTube hits. He is the real Governator, not like that pretender in California. Governor Christie has been touted as a future GOP candidate for the presidency. But Barack Obama knows of only one kind of preemptive war: against those who threaten his...

Proving once again that he's de termined to restore fiscal sanity to New Jersey, Gov. Chris Christie has stuck to his guns and reaffirmed his initial decision to kill the Hudson River tunnel project. Yes, that will hurt commuters, who've long sought relief from congested rail and road traffic. But so would a sharp increase in New Jersey's gas tax and other levies that would probably rise sky-high to pay for this bloated project. With little to show for it besides a support span, the state has already spent $600 million. And the projected final cost, initially budgeted at $8.7...

TRENTON, N.J. – Gov. Chris Christie cited New Jersey’s lack of money Wednesday in standing by his decision to kill a train tunnel connecting his state to New York City, a move that will force the state to repay $350 million it was given to start the nation’s biggest public works project. Christie, a rising star in the Republican Party for his fearless budget-slashing, has argued that his cash-strapped state can’t afford to pay for any overruns on the $9 billion-plus rail tunnel under the Hudson River. The state is on the hook for $2.7 billion plus overruns. “In the...