New Jersey TTF Deal All But Signed, Sealed And Delivered

by KYW’s David Madden

TRENTON, NJ (CBS)  — Last week, New Jersey legislators approved a 23 cent a gallon hike in the gas tax to replenish the state’s Transportation Trust Fund. They also approved several tax cuts to soften the blow.

The package sits on Governor Chris Christie’s desk awaiting action even though it is exactly what the Governor and legislative leaders agreed to two weeks ago. No word from Christie’s people as to why he hasn’t moved on the package. He has about another month to do something.

Meanwhile, hundreds of local and county road projects remain on hold, as they have since July. Camden County Freeholder Lou Cappelli was among those in Trenton highlighting the fact the deal doubles funds set aside for that kind of work. And new growth in the county depends on improved infrastructure.

“If we’re not able to maintain that and improve that, we will not be able to attract the businesses we are attracting,” Cappelli told KYW Newsradio.
Senate President Steve Sweeney was asked if he was worried that the deal might be in trouble.

“I don’t know why he’s not signed the bill that we agreed to,” he replied. “They said he is, so I expect him to do it. Why he’s waiting I have no idea. You’d have to ask the administration.”

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