Closed doors talks involving Gov. Chris Christie, Senate President Steve Sweeney (D-West Deptford) and Assembly Speaker Vinnie Prieto (D-Secaucus) are continuing as the trio tries to strike a deal on a plan to replenish the nearly bankrupt Transportation Trust Fund (TTF). All three agree that revenue raised through a gas tax hike or any other means must be dedicated exclusively for transportation projects.
Boosting revenue for transportation infrastructure without increasing taxes is vital, according to lawmakers who sponsor a bill to direct the New Jersey Turnpike and South Jersey Transportation Authorities to explore revenue-generating options at rest stops and service areas on New Jersey toll roads.
On Sept. 24, the New Jersey Assembly Transportation Committee will kick off the first in a series of public hearings to explore ways to replenish the state's Transportation Trust Fund (TTF), which provides money for road and bridge projects throughout the state.
Responding to a new report that finds New Jersey spends way more on its roads per mile than any other state, without much to show for it, the state says keeping the roads safe and comfortable is a top priority and one that's made progress over the past few years.
A coalition made up of business, transportation, labor and consumer advocates has been created to address the soon-to-be bankrupt Transportation Trust Fund (TTF), which provides money for various road and bridge projects throughout the state.
Even if some of the money comes out of their own pockets, most Americans believe the federal government should invest more than it currently does on roads, bridges and mass transit, according to a new AAA survey.
A Senate panel on Thursday approved a bill to keep federal highway programs going for the next six years, but it remained unclear whether Congress would act in time to prevent a disruption in transportation aid to states this summer.
It's no secret that New Jersey is running out of money to pay for fixing roads, bridges and tunnels. How to generate revenue to replenish the Transportation Trust Fund has been a hot topic in Trenton, but nobody can seem to agree on a funding source.
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