TRENTON - (AP) - New Jersey Gov. Chris Christie is blastingDemocrats in the Legislature for attempting to roll back highwaytoll increases that were approved to help pay for a tunnel that'sno longer being built.
Christie said Monday that the state treasurer has fielded callsfrom investors and rating agencies concerned that New Jersey mayrenege on a deal to raise $1.25 billion through toll hikes on theNew Jersey Turnpike and Garden State Parkway.
The money was earmarked to help fund a rail tunnel to New Yorkthat Christie killed because of potential cost overruns. Thegovernor redirected the money to pay for state road, rail andbridge projects.
The toll increases are scheduled to take effect next January. Christie says a rollback could jeopardize the TurnpikeAuthority's borrowing ability.