ONTD Political

NJ must pay $271M to feds for killing tunnel to NY

11:08 am - 11/30/2010
NJ must pay $271M to feds for killing tunnel to NY

New Jersey owes the federal government more than $271 million after canceling a rail tunnel connecting the state with New York, according to a debt notice obtained Monday by The Associated Press.

The letter from the Federal Transit Administration's chief financial officer to NJ Transit's executive director demands payment of $271,101,291 by Dec. 24.

It's money the government wants New Jersey to repay for work done on the Hudson River tunnel before Republican Gov. Chris Christie terminated the project. The notification follows a warning letter earlier this month estimating the charges.

"FTA demands payment in full within 30 days from the date of this letter, hereinafter referred to as the 'delinquency date,'" the letter states. The letter was dated Nov. 24.

NJ Transit Executive Director Jim Weinstein said earlier this month that the state hadn't determined if it would have to pay any money back.

NJ Transit, which had been running the project, has the right to request a review of the charges and to dispute all or part of the debt. However, if the state does nothing and allows the debt to become delinquent, it could be assessed interest and penalties.

Christie spokesman Michael Drewniak would not say Monday whether the charges would be paid in full or disputed or where New Jersey would get the money if it decided to repay the government or was found liable for all or part of the bill.

The $8.7 billion project to construct a second rail tunnel between New Jersey and New York was 15 years in the making when Christie pulled the plug Oct. 27.Collapse )


Oohh, dis gon' be good.
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pavonine 30th-Nov-2010 06:57 am (UTC)
Thanks, Christie. >:-(
whatisurdamage 30th-Nov-2010 08:39 am (UTC)
It always amuses me when gigantic numbers end in 1 lol
wrestlingdog 30th-Nov-2010 10:06 am (UTC)
God, I loathe Christie.

kseda 30th-Nov-2010 12:40 pm (UTC)
Let's see, $271 million, on top of the $300 million budget gap the last NJ Transit fare hike took care of (in exchange for less service and less reliability)...well, sure, I guess they could raise fares ANOTHER 25% to cover it, it's not like I have any other choice if I want to get to work.

So what if it's a 50% increase in the past year, AT LEAST WE'RE NOT RAISING ANYBODY'S TAXES!

/weeps quietly
luvlorn 30th-Nov-2010 04:20 pm (UTC)
Fuckin' dumb. Here's how you would've paid for it if you actually built the damn tunnel: more people in NJ can commute to NY to get more jobs = more money for your local economy.

I have a feeling FL will pull the plug on our high speed train for the millionth time. I think it will be kinda useless until they can build enough infrastructure so people don't have to go through the worst traffic just to get to a high speed train station and to be able to get around when they get to their destination, but you gotta start somewhere.

These projects are meant to help stimulate the economy by putting people to work though, and you have moron gubners touting they can save america by canceling them. And then wonder why "something isn't done about jobs".
merig00 1st-Dec-2010 02:43 am (UTC)
Btw if I remember correctly the FL high speed train costs are split 80% Fed and 20% FL. Just for some perspective... Correct me if I'm wrong
luvlorn 1st-Dec-2010 03:22 am (UTC)
I dunno, but FL voted for the train like 10 years ago, and they overturned it when they didn't want to pay for it. If people want to vote for something they should have to get it through their heads they will have to pay for it.
rissa_rose 30th-Nov-2010 06:40 pm (UTC)
Just thought I should make it known that I did NOT vote for this man to run my state.

I tried, bbs. Just wasn't enough. :[
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