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Statement from Governor Chris Christie Regarding Settlement with Federal Transportation Administration

Trenton, NJ – Today, Governor Chris Christie released the following statement regarding the settlement between the State of New Jersey and the Federal Transportation Administration:

“I am pleased to announce that we have negotiated a good-faith settlement with the Federal Transportation Administration that puts the interests of New Jersey taxpayers first by substantially reducing the federal government’s original demand. The 5-year payment schedule on a $95 million settlement – which contains not one additional dollar of New Jersey taxpayer money – would be offset by more than $100 million in insurance premium refunds. This represents a fraction of the federal government’s initial claim and won’t cost New Jerseyans any additional money, which would otherwise go to infrastructure improvements. I want to thank U.S. Transportation Secretary Ray LaHood and his staff for their good-faith efforts in working with us and putting the interest of New Jersey taxpayers ahead of politics. I also want to thank New Jersey Transit and Executive Director Jim Weinstein for their commitment to working toward this settlement.”

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Posted: September 30th, 2011 | Author: | Filed under: ARC | Tags: , | 1 Comment »

One Comment on “Statement from Governor Chris Christie Regarding Settlement with Federal Transportation Administration”

  1. Good, fine, said at 11:55 am on October 2nd, 2011:

    would rather see this “union” state put/keep the guys working to paint/fix all the rusted bridges I drive under all the time, and fix any structural defects on any bridges,roads, and tunnels we already have, that have fallen into disrepair, for whatever the reasons.. the problem with new, proposed, grandiose,public projects is that they always wind up costing so much more than originally projected, and become political footballs and boondoggles..oh, and where are the state inmates cleaning the exits and entrances to the roadways?.. the exit off the parkway onto rte. 9 near Sayreville, for example,is an embarassment!.. if I was a new resident or visitor, I’d think I was in Detroit or some other ruined pigsty..unacceptable anywhere, including this place, where our leaders claim to becoming more “business and tourist-friendly”!.. let’s do a better job,folks- people need the work, and we need a better image!