N.J. governor balks at tunnel project despite federal offer

New Jersey Gov. Chris Christie is still considering canceling a proposed $8.7 billion commuter rail tunnel between the state and New York, even if the federal government offered to pay for cost overruns. Christie estimates costs could surpass the current price tag by some $5 billion. "We're broke. I'm not going to be contributing to that and put us further into debt for a project if we can't afford it," he said.

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Bloomberg · Asbury Park Press (Neptune-Asbury Park, N.J.)

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