At the expense of 6,000 jobs building the tunnel as well as tens of thousands of jobs of the potential workers who would use the much needed train tunnel.
The only reason the CON$ervative governor killed the tunnel was to keep the number of stimulus jobs down so the elitist GOP can regain the power they think they are entitled to.
Duh, did you ever think he stopped the project because there was no money to pay for it? I know that's a common problem for you libs, you will beg, borrow or steal to put forth your pork projects or get more entitlements for illegals and leeches. And when that doesn't work you will simply print more worthless money.
Sorry but the piper is here and you have to pay up. BTW, we now have the power, nothing to regain. And we don't spend like drunken sailors or socialists.
You know what they say about socialists, don't you? Socialism always fails because eventually you run out of other people's money.
As for all those jobs that don't yet exist, Pelosi says food stamps and unemployment are great stimulus for the economy. So there you go.
You know what they say about Fascists don't you, they always lie about Socialism.
The money was there, Christie lies like a typical CON$ervoFascist GOP elitist POLITICIAN.
Senator Frank R. Lautenberg
“The Governor was given a deal from the federal government on Sunday that put no extra imposition on the state of New Jersey for its obligation to the ARC Tunnel project, and the Governor refused it.
It was clear from the beginning that Governor Christie planned to kill the ARC Tunnel no matter what. In doing so, the Governor has once again put politics over performance.
“This is a tragic day in New Jersey’s history. Two weeks ago, Governor Christie made the biggest public policy blunder in New Jersey’s history. Today he repeated it. Today he killed the prospect for improving New Jersey's economy and creating thousands of new jobs. He increased the amount of toxic fumes that will be discharged from idling cars stuck in traffic, and he took away an opportunity for New Jersey housing values to go up.
“New Jersey Transit is coming off one of the worst summers for delays in recent memory. 1,400 delays were recorded this summer, and just this week a minor derailment caused hour-long delays for thousands of commuters. Delays and derailments are only going to get worse on our aging infrastructure and thanks to the Governor, New Jersey commuters shouldn’t count on new rail service options for decades to come.
“The Governor has put politics before performance, and it is the people of New Jersey who will pay the high price.”
CHRISTIE MYTHS vs. THE TRUTH
Christie Myth: The Federal Government did not provide a proposal that would have shielded New Jersey from being responsible for cost overruns beyond the current state share of $2.7 billion.
Truth: The Federal Government provided options to the state for transferring responsibility for covering overruns to a private entity through a Public Private Partnership (“P3”).
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Christie Myth: The Federal Government did not offer New Jersey any additional Federal funds beyond the $3 billion already committed.
Truth: The Federal Government offered a financing option in which it would provide an additional $358 million dollars, bringing the total Federal commitment to an unprecedented $3.358 billion.
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Christie Myth: The actual cost to New Jersey of this project will be $3.5 billion because the state will be on the hook for Portal Bridge.
Truth: The Federal Government presented Governor Christie with a proposal for a Public Private Partnership (“P3”) that would not only relieve New Jersey of responsibility for cost overruns, but also of the cost of the Portal Bridge.
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Christie Myth: He is killing the tunnel because the state cannot afford it.
Truth: He is killing the tunnel in order to move $1.25 billion in New Jersey Turnpike Authority funds dedicated to the ARC Tunnel to the stateÂ’s Transportation Trust Fund.
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The Governor was presented with a proposal from the Department of Transportation (as noted above) that would shield New Jersey from the risk of cost overruns. The Public Private Partnership (P3) proposal was presented to Governor Christie as follows:
- Federal Contribution: $3 Billion
- Port Authority Contribution: $3 Billion
- New Jersey Contribution: $2.7 Billion (hard cap)
- Private Investors: $1.85 Billion plus assumption of risk of cost overruns