STATE ONLY HAS TO PAY HALF OF ARC MONEY BACK TO FEDERAL GOVERNMENT

225px-Lautenberg

A deal struck between the federal government and United States Senator Frank Lautenberg will save the state some big money. The state was required to pay $271 million for the cancelled ARC Tunnel project. Lautenberg announced a deal that will only make the state pay $128 million if it is paid on time and the rest is placed in the state’s Congestion Mitigation Air Quality fund.

Check Also

MURPHY: ALL INTERSTATE NON-ESSENTIAL TRAVEL IS DISCOURAGED “AT THIS TIME”

New Jersey Governor Phil Murphy Wednesday now says he strongly discourages all non-essential interstate travel.  …

Leave a Reply

Your email address will not be published. Required fields are marked *