While most Garden State residents expect a gas tax increase to be proposed in the near future to pay for road and bridge repairs, the majority of them don't support it.
A Quinnipiac University poll released on Nov. 11 revealed that 62 percent of New Jersey voters were opposed to a gas tax increase to fund transportation projects in the state. Despite the opposition, two political experts think now is probably the best time for politicians to pull the trigger on hiking the gas tax.
A formal deal was announced Thursday regarding the proposed Gateway Trans-Hudson rail tunnel that would have the federal government paying for 50 percent of the project, leaving New York and New Jersey to cover the remaining balance. The problem? The Garden State’s Transportation Trust Fund was still on pace to run out of money July 1, 2016.
Facing a crumbling transportation infrastructure and no money in sight to fix it, could New Jersey be headed for a bonafide transportation crisis in the near future?
Assembly members return to work Monday at the State House for the first committee sessions since last June. Democrats and Republicans agreed on the issues that needed to be tackled and they stressed the need for bi-partisanship, but they didn’t agree how to solve the problems and they were already sounding very partisan.
The lame duck session of the New Jersey Legislature officially got underway Thursday with dueling press conferences by Democratic and Republican leaders in the Assembly. A key focus was replenishing the Transportation Trust Fund (TTF), and lawmakers from both sides of political aisle made it sound as if a gas tax increase was all but certain.
Gov. Chris Christie's transportation chief is resigning because he was disappointed over not reaching a plan to shore up the state's transportation trust fund, a key lawmaker and friend of the commissioner said Monday.
As New Jersey continues to struggle to create more jobs and spark the state economy, another multi-billion dollar budget deficit is looming on the horizon.