
Paul Berger , Staff writer, @pdbergerPublished 6:16 p.m. ET Jan. 25, 2017 | Updated 14 hours ago
New Jersey motorists are being cheated out of hundreds of millions of dollars of toll revenue that could be reinvested in better bridges and tunnels, according to a new report by a conservative think tank that proposes a radical fix for the dysfunctional public agency charged with keeping the region moving.
The report from the Manhattan Institute says the Port Authority of New York and New Jersey should reinvest the enormous profits from its Hudson River crossings and its airports to improve those facilities, instead of subsidizing money-losing operations such as the PATH rail system and the Port Authority Bus Terminal. Struggling facilities should be forced to become self-financing through private-sector partnerships, the report adds.