The Federal Transit Administration (FTA) has sent a bill to New Jersey Transit for $271 million for money advanced to the agency for work on the ARC Project, which Gov. Christie scrapped last month.
NJT Executive Director James Weinstein disputed the bill and also said that there will not be a fare increase to raise money to pay it.
Lackawanna Coalition Techical Director Joseph M. Clift said that, while NJT has sunk costs of about $600 million on the project, that is better than incurring billions of dollars of debt that New Jersey would have to pay in the future.
The Lackawanna Coalition and other rider advocacy organizatios continue to advocate for the Moynihan/Penn Station First alternative, which would bring new tunnels to the existing Penn Station with enhancements to improve station capacity.