NJ Gov Cancels Costly Hudson River Tunnel Project

Thursday, 07 Oct 2010 02:31 PM

 

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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.

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