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And it’s going to cost a FORTUNE now. Back when Christie cancelled it, the bulk of the work would have happened with:
- Recession-era labor costs
- Recession-era materials cost
- Rock bottom interest rates
But in a shortsighted Republican “save money” stategy, Christie just made the project cost far more. It’s evolved from “should happen” (pre Sandy) to an “absolutely must happen” (post Sandy).
And NJ taxpayers will have to pay the difference when paying back those bonds. Something to keep in mind if he ever got the nomination for president.