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MAS Reacts to NJ’s Cancellation of ARC Project

As was reported in today’s New York Times, New Jersey Governor Chris Cristie has blocked the Hudson Tunnel Project. MAS President Vin Cipolla commented on Governor Christie’s action:

“Governor Christie’s short-sighted cancellation of the ARC project will have significant short- and long-term consequences for New Jersey. Not only will the state have to repay the federal government $200 million dollars, but it has effectively shut the door on potential new development in the state and easier access to New York City jobs. Putting a halt to this project seriously jeopardizes overall regional economic development in both growth and jobs, as well as environmental sustainability. While New Jersey’s budget crisis called for decisive action, the action Governor Christie took today will do more harm than good.”