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Old October 7th, 2010, 08:25 PM   #1
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Default Governor of New Jersey Kills $8.7 Billion Train Tunnel

The governor, a Republican, said he decided to withdraw his support for the project on Thursday after hearing from state transportation officials that the project would cost at least $2.5 billion more than its original price of $8.7 billion. He said that New Jersey would have been responsible for the overrun and that he could not put the taxpayers of the state “on what would be a never-ending hook.”

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