NJ Democrats To Port Authority: Sell Real Estate Holdings To Pay For Hudson Rail TunnelSweeney joined with other Democrats and transportation and business leaders Tuesday at Newark's Penn Station to stress the critical importance of a new rail tunnel.
Senate Committee OKs $20 Million For Gateway Tunnel ProjectThe project comes with a $14.5 billion price tag.
Report On Trans-Hudson Tunnel Disputes Christie's Cost FearsIt was a controversial move when Gov. Chris Christie put the brakes on a new tunnel project saying it was too costly. Now, a new federal report claims the project may not have cost as much as Christie had predicted.
NJ Transit Approves Settlement Over Canceled Trans-Hudson Tunnel ProjectThe settlement will pay the federal government $95 million for the Hudson River rail project that Gov. Chris Christie scrapped nearly a year ago.
Legal Costs Over Trans-Hudson Tunnel Project Funds Tops $1 MillionGovernor Chris Christie's legal battle with the federal government over whether the state owes $271 million for abandoning a train tunnel under the Hudson has so far cost the state more than a $1 million.
Gov. Christie Vows To Fight $271M Trans-Hudson Tunnel Bill In CourtChristie abandoned the project last fall, citing escalating costs. He noted potential overruns of $2 billion to $5 billion, which he said the state couldn't afford.
Feds: NJ Must Repay $271M For Scrapped Trans-Hudson Rail TunnelThe Federal Transit Administration has ruled that NJ must repay the feds the entire $271 million it spent on early design and engineering work for a NJ-NY train tunnel that Gov. Chris Christie scrapped.
NJ Dem Leader Fears Fallout From Tunnel Bill FightState Senate President Stephen Sweeney worries that New Jersey could lose out on $128 million the federal government offered to credit back to help ease traffic jams once the state pays in full.
Governor Christie Scraps NJ-NY Rail TunnelCiting the state's inability to pay for cost overruns on the rail tunnel project, Gov. Christie said Thursday he would not put taxpayers on a "never-ending hook."