Port Authority Vows Reforms

Top officials at the government agency rebuilding the World Trade Center are promising reforms after an audit called the organization "dysfunctional" and wasteful.

Auditors at Navigant Consulting issued a report this week saying the Port Authority of New York and New Jersey is plagued by inconsistent leadership, bad planning and poor cost controls.

They also savaged the agency for ballooning costs on the World Trade Center project. Port Authority Chairman David Samson promised Thursday that the audit report won't just sit on a shelf and "gather dust."

He says the agency is already looking at ways to improve capital planning and financing for big projects.

(Copyright 2012 by The Associated Press. All Rights Reserved.)