Gov. Chris Christie is once again scheduled to give a Washington D.C. keynote address when the New Jersey Chamber of Commerce takes its annual “Walk to Washington” in February.
Comcast Newsmakers' Jill Horner speaks with Tom Bracken, President/CEO from the NJ State Chamber of Commerce, about New Jersey's Transportation Trust Fund.
Each day, millions of New Jerseyans travel the state’s rundown roads and drive across its crumbling bridges and trestles. They sit in traffic because streets are closed, are late for work because buses break down and spend hours stuck in terminals because there are not enough mass transit options. On June 30, 2015, less than a year from now, the state’s Transportation Trust Fund (TTF) will officially run out of money to fix any of these problems. Without identifying a solution to the crisis, we are putting our safety and livelihoods at risk.
State political leaders sat opposite business leaders this morning over breakfast to discuss some of the state economy's most pressing issues. Number one, according to the Chamber's president — a lack of funding for the Transportation Trust Fund. The fund pays to maintain our roads and bridges, and it's running out of gas.
Speaking Tuesday morning in Monroe at a breakfast event held by the New Jersey Chamber of Commerce, NJ Transit Executive Director Veronique “Ronnie” Hakim said $1.27 billion in federal Superstorm Sandy recovery funding awarded to the agency earlier this month will be put to good use.
Through several slated projects, the money will be used to harden signals, strengthen infrastructure along the heavily used Northeast Corridor and prepare the agency for the next big storm.