New Jersey Gov. Chris Christie (R) announced today that he is standing by his decision to cancel the under-construction ARC (Access to the Regional Core) rail tunnel under the Hudson River from New Jersey to New York. According to the AP, Christie was given four financial options for salvaging the …
Would you like a $14-billion taxpayer-funded tunnel in your town? How about a $500 million light rail train to nowhere? As state and local governments are under crushing budget constraints, mega-sized infrastructure boondoggles are cropping up all over the country. With the promise of “free money” from the federal government, …