N.J. Gov. Chris Christie has formulated a plan for the state’s road and bridge projects for the coming year. The $1.6 billion/year plan calls for the same amount of funds that are currently used, but will pull from different places.
Christie’s plan calls for $2.6 billion in new borrowing and will also re-allocate money from a Manhattan tunnel plan he’s already scrapped. An Associated Press report says the governor projects decreased funding over time and an increase in pay-as-you-go funding.