NJ Gov. Agrees To Rethink Rail Tunnel Cancellation

"Under pressure from the Obama administration, Republican Gov. Chris Christie agreed Friday to rethink his decision to cancel construction of a $9 billion rail tunnel connecting New Jersey and New York City. Christie, a rising star in the GOP with a reputation as a fearless protector of the taxpayers' money, announced on Thursday that he was pulling the plug on the project because of runaway costs — a decision that led to an outcry from Democrats who said it would cost the state thousands of badly needed construction jobs and cripple New Jersey's long-term economy. But after meeting for nearly an hour Friday with U.S. Transportation Secretary Ray LaHood, the governor agreed to listen to ideas for pressing ahead with the project, known as ARC, for Access to the Region's Core. It is the biggest public transit project under way in the nation. ""The fact that the ARC project is not financially viable and is expected to dramatically exceed its current budget remains unchanged,"" Christie said in a statement. He added, though, that LaHood ""presented several options to potentially salvage a trans-Hudson tunnel project."" LaHood said a working group from the Transportation Department and NJ Transit — the commuter railroad that is overseeing the project — will review the options and report back to Christie within two weeks."