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New Jersey Governor Christie halts road, bridge projects
Source: Reuters
Politics | Fri Jul 1, 2016 4:52pm EDT
New Jersey Governor Christie halts road, bridge projects
BY HILARY RUSS
New Jersey Governor Chris Christie ordered a halt to non-essential road, bridge and mass transit projects late Thursday after lawmakers failed to reauthorize the state fund that pays for them.
Christie's executive order calls for the state Department of Transportation and New Jersey Transit to devise a plan before midnight Saturday for the "orderly" shutdown of projects funded by the Transportation Trust Fund.
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New Jersey's ability to borrow for new transportation projects ran out on Friday, the start of the new fiscal year. The trust fund already has about $16 billion of outstanding debt for existing road projects.
The fund has roughly $80 million left, said Assembly Transportation Committee Chairman John Wisniewski, who called Christie's executive order "pure theater."
[font size=1]-snip-[/font]
New Jersey Governor Christie halts road, bridge projects
BY HILARY RUSS
New Jersey Governor Chris Christie ordered a halt to non-essential road, bridge and mass transit projects late Thursday after lawmakers failed to reauthorize the state fund that pays for them.
Christie's executive order calls for the state Department of Transportation and New Jersey Transit to devise a plan before midnight Saturday for the "orderly" shutdown of projects funded by the Transportation Trust Fund.
[font size=1]-snip-[/font]
New Jersey's ability to borrow for new transportation projects ran out on Friday, the start of the new fiscal year. The trust fund already has about $16 billion of outstanding debt for existing road projects.
The fund has roughly $80 million left, said Assembly Transportation Committee Chairman John Wisniewski, who called Christie's executive order "pure theater."
[font size=1]-snip-[/font]
Read more: http://www.reuters.com/article/us-new-jersey-transportation-christie-idUSKCN0ZH5Y0?il=0
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