Spotlight Video: Gov. Christie's ARC Announcement
Gov. Christie refuses to revise his ARC decision, maintaining that NJ taxpayers are on the hook for any cost overruns
Citing potential cost overruns between $2 billion and $5 billion, Governor Chris Christie today announced his final decision not to pursue the ARC project. At his press conference, Christie indicated that there was no "way to work around the unacceptable level of risk and cost that was being asked to be borne by the taxpayers of the state of New Jersey."
Download a full transcript of the ARC press conference.