Christie’s ARC Accounting Questioned.
The accounting methods that New Jersey Governor Chris Christie used to put the kibosh on new cross Hudson train tunnel were called in to question in a report released today, the New York Times reports. Christie said that the project, called the Access to the Regions Core (ARC), could run up to $14 billion, but independent Congressional investigators found that it would cost no more than $10 billion. He also claimed that New Jersey would foot more than 70 percent of the bill, but investigators said it would have been more like 14 percent. It should be noted that a constant Christie critic, Senator Frank R. Lautenberg, commissioned the report. No matter, it seems to be no skin off the governor’s nose. NJ.com grabbed a quotable quote from the governor speaking in New York this morning at the George W. Bush Institute Conference on Taxes and Economic Growth: “So when they want to build a tunnel to the basement of a Macy’s and stick the New Jersey taxpayers with a bill of $3 to $5 billion over, no matter how much the administration yells and screams, you have to say no.”
The accounting methods that New Jersey Governor Chris Christie used to put the kibosh on new cross Hudson train tunnel were called in to question in a report released today, the New York Times reports. Christie said that the project, called the Access to the Regions Core (ARC), could run up to $14 billion, but independent Congressional investigators found that it would cost no more than $10 billion. He also claimed that New Jersey would foot more than 70 percent of the bill, but investigators said it would have been more like 14 percent. It should be noted that a constant Christie critic, Senator Frank R. Lautenberg, commissioned the report. No matter, it seems to be no skin off the governor’s nose. NJ.com grabbed a quotable quote from the governor speaking in New York this morning at the George W. Bush Institute Conference on Taxes and Economic Growth: “So when they want to build a tunnel to the basement of a Macy’s and stick the New Jersey taxpayers with a bill of $3 to $5 billion over, no matter how much the administration yells and screams, you have to say no.”
And the World Architecture Festival Winners Are . . .
Tweet
International | Friday, November 5, 2010 | William Menking.
4 Comments | Leave A Comment

Perkins+Will's Sabah Al-Salem University College of Education in Kuwait won the Future Education category award. (Courtesy Perkins+Will)
The World Architecture Festival is in its third year of existence, and, despite the worldwide recession, seems to have more attendees, trade show participants, and strong projects in its awards program. In what is surely a sign of the times, however, there seem to be many more strong projects in the “future” category than completed buildings. As it has been for the past three years, AN was the event’s American media sponsor, and this year I juried projects in the category of “Future Health and Education Buildings.” Read More
Loading Search
Advertise on The Architect's Newspaper.
Archives
Categories
Architecture
Design
East Coast
Midwest
National
Planning
Shft+Alt+Del
Sustainability
Transportation
West Coast








