The subject: Christie canceling the “Big Dig” boondoggle in New Jersey, a railroad tunnel between New Jersey and New York. It’s cost is already estimated to cost the state $2.5 billion more than planned. Christie will decide definitively today … but … has he says … there’s no more money. Guts.Here’s the background … then the video.
Gov. Chris Christie plans to announce Friday whether he’ll kill the tunnel project — formally known as the Access to the Region’s Core — once and for all. On Oct. 7, the governor said he was doing do just that, but then agreed to a two-week review at the request of U.S. Transportation Secretary Ray LaHood, whose agency has committed $3 billion to the project.
Christie, who is scheduled to meet with LaHood Thursday, is concerned New Jersey would be responsible for as much as $5.3 billion in cost overruns beyond the state’s initial $2.7 billion commitment. The Port Authority of New York and New Jersey pledged the remaining $3 billion for the project, whose original price tag was $8.7 billion.
The weeping and gnashing of teeth on this project can be heard in the press and Brian Williams in his question makes you wonder if anyone in the MSM had ever controlled even a household budget. “But can’t you find the money?” Too much. Christie’s answer is classic. Enjoy.
Finally a Governor willing to say … there’s no more money.
UPDATE: I almost forgot. I’ll take one of these please!
UPDATE 2: No, not Brian.