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>Zero Credibility : Hudson Tunnel ( Tunnel to Macy’s Basement) Cost May Hit $12.7 Billion, LaHood Says

>Zero Credibility : Hudson Tunnel ( Tunnel to Macy’s Basement) Cost May Hit $12.7 Billion, LaHood Says

Tell us when to stop laughing when is the last time the Government got a cost estimate right?

Hudson Tunnel Cost May Hit $12.7 Billion, LaHood Says

October 22, 2010, 5:48 PM EDT

Oct. 22 (Bloomberg) — A commuter-rail tunnel between New Jersey and Manhattan will cost $9.8 billion to $12.7 billion, U.S. Transportation Secretary Ray LaHood said today.

New Jersey Governor Chris Christie halted the Hudson River tunnel project known as Access to the Region’s Core on Oct. 7, saying the original $8.7 billion projected cost might have reached $14 billion and the state couldn’t afford it. Christie, a first-term Republican, then agreed at LaHood’s request to delay a final decision.

“Secretary LaHood confirmed today what we knew two weeks ago — the ARC Tunnel project is over budget and puts New Jersey taxpayers at risk of being saddled with billions of dollars in added costs,” Christie’s spokesman, Michael Drewniak, said in an e-mailed statement.

The governor “is not willing to saddle New Jersey taxpayers with a public-works project with such a large, indeterminate cost-overrun projection with no way to fund it,” he said. Drewniak said the governor will decide next week whether to cancel the project.

The low-end range of the cost to build the 8.8-mile (14.2- kilometer) path under the Hudson River is $9.775 billion; the mid-range estimate is $10.9 billion and the high end is $12.7 billion, LaHood said in the statement.

full story;
https://www.businessweek.com/news/2010-10-22/hudson-tunnel-cost-may-hit-12-7-billion-lahood-says.html

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One thought on “>Zero Credibility : Hudson Tunnel ( Tunnel to Macy’s Basement) Cost May Hit $12.7 Billion, LaHood Says

  1. MACY’S WHEN A CROOK BECAME A THIEF, AT MACY’S THE DEPARTMENT STORE NEAR YOU
    MACY’S THE BIGGEST CROOK AVAILABLE, DAMAGED MY WIFE LIFE FOREVER
    DO NOT BUY ANYTHING AT MACY’S, UNLESS YOU WANT TO HELP MACY’S TO KEEP CHEATING AND DECEIVING PEOPLE
    Macy’s has a bunch of lawyers that advised Macy’s on how to get away from employment claims, customers or business disputes
    Some of those lawyers that used to work to defend employees on labor claims, now they changed sides and decided that there is a lot more money to do business with Macy’s
    Macy’s is putting its cheating and deceit experience and adding up the lawyers to make the situation even worse
    Macy’s is having the umbrella protection from those guys and having the green light to cheat and deceive anybody
    Macy’s Department Store is the most abusive company you can work for
    25 years of unpaid overtime $477,906.
    (interests was not calculated yet on the above and below amount)

    20 MONTHS (62 weeks) OF UNPAID MONEY TO REPLACED MANAGER AT MACY’S CULVER CITY, CA TOTAL $ 9,920.

    $ 8,000,000 dollars is my claim for catastrophic injuries by negligence and violation of my wife rights while working at Macy’s. Thanks to Macy’s; my wife is a living wreck for the rest of her life
    MACY’S forced my wife to resign for her disability by Undue Influence
    Macy’s located at Westfield Mall, 14000 Riverside Drive, Sherman Oaks, CA 91423 – 818-788-8350
    My name is Al Henry, a disabled person and thanks to Macy’s my wife is a living wreck for the rest of her life. My wife is in a wheel chair and unable to do anything at all
    Requires my personal care 24 hours around the clock
    My wife worked 25 years at Macy’s
    JUSTICE IS NOT DONE YET!

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