ISELIN - Gov. Chris Christie has canceled plans for an $8.7 billion rail tunnel connecting New Jersey and New York, saying the project is too costly.

The transit tunnel project would have doubled the number of trains that could enter the city from the west each day. It would have connected North Bergen to a new station deep below 34th Street in Manhattan. Work on the tunnel was already under way, and $3 billion of federal financing had already been arranged.

Sen. Frank Lautenberg (D-N.J.) called it a policy blunder, which will cost the state 6,000 new construction jobs per year and put 22,000 commuters back on the road.

Christie will meet with the secretary of transportation today to ask that the federal funds go to other New Jersey projects.

Christie scraps plans for rail tunnel between NJ, ManhattanGov. Christie to review rail tunnel costs