arc tunnel

For New Jersey's Chris Christie, It Was Simply a Tunnel Into Debt

New Jersey Gov. Chris Christie today canceled the multibillion dollar rail tunnel under the Hudson River, the nation's largest public works project, for the second time in less than a month. For Christie, it all came down to money. And that helps burnish his fiscal conservative cred.

The High Price of New Jersey's Cheap Gasoline Tax

At 10.5 cents per gallon, Jersey has the third-lowest gas tax in America. No governor has dared push to raise it, and Chris Christie isn't about to change that. Problem is: The state's trust fund that uses gas taxes is running dry -- at the worst time.