30 Apr '11, 9pm

jl How Chris Christie Gave NJ Taxpayers a $271 Million Bill (Plus Interest)

jl How Chris Christie Gave NJ Taxpayers a $271 Million Bill (Plus Interest)

While New Jersey governor Chris Christie was collecting accolades for his talk about ending teacher tenure, limiting the power of teachers' unions, and more to faculty and students at Harvard University'd School of Education, US transportation secretary Ray LaHood was letting New Jersey know that the state owes the federal government $271 million for the cancelled Hudson Tunnel project. Declaring that costs to build the railroad tunnel were running far higher than estimated, Christie cancelled the project last October and hired Patton Boggs, a Washington, D.C., law firm to clear the state of its debt obligations, to the tune of $800,000 so far. In other words, not only do New Jerseyans have to continue to trudge to work on severely overcrowded and overtaxed trains, but we have to pay back a bundle to the government including interest on the debt. As the federal government ...

Full article: http://www.care2.com/causes/politics/blog/why-chris-chris...

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