TRENTON - Gov. Chris Christie (R-N.J.) has canceled plans for an $8.7 billion rail tunnel between New Jersey and Manhattan due to its cost.

Christie was in favor of the tunnel, which had broken ground in Hudson County when he was a candidate. Now, the governor says he's canceling the project to save taxpayers money.

Sen. Frank Lautenberg (D-N.J.) held a news conference at Newark Penn Station to discuss the cancellation of the tunnel's construction. Lautenberg called it a policy blunder which will cost New Jersey 6,000 new construction jobs a year and put 22,000 commuters back on the road.

Tomorrow, Christie will meet with the secretary of transportation and ask the $3 billion in funds intended for the tunnel project be allowed to go to other New Jersey projects.