NJ Gov Cancels Costly Hudson River Tunnel Project

Thursday, 07 Oct 2010 02:31 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

NEW YORK - New Jersey Governor Chris Christie Thursday canceled construction of a new Hudson River commuter rail tunnel because the project could run billions of dollars over budget.

The Republican governor, in a statement, said the final budget is expected to top $11 billion and could exceed $14 billion, compared to a current budget of $8.7 billion.

Using the project's formal name, Christie said: "The Access to the Region's Core project is just not a financially viable project that we can responsibly move forward." (Reporting by Joan Gralla; Editing by James Dalgleish)

© 2014 Thomson/Reuters. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Rep. Kristi Noem: National Guard in Texas Will Send Message

Tuesday, 22 Jul 2014 11:16 AM

The National Guard troops heading to the southern Texas border will send a message about the significance of the problem . . .

Home School Lobby, Bob Dole to Battle Over Disabilities Treaty

Tuesday, 22 Jul 2014 10:48 AM

Bob Dole, disabled after injuries he sustained in World War II, is in the second go-round of a fight for U.S.ratificatio . . .

Sen. Rob Portman: Washington Must Act to Avert 'Economic Calamity'

Tuesday, 22 Jul 2014 10:38 AM

The Congressional Budget Office has predicted that the federal deficit will skyrocket in the next two decades, and Washi . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved