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New Jersey, United States
NJECPAC is a Continuing Political Committee (CPC). A CPC is any group of two or more persons acting jointly, or any corporation, partnership, or any other incorporated or unincorporated association, civic association or other organization, which in any calendar year contributes to aid or promote the candidacy of an individual, or the candidacies of individuals, for elective public office, or the passage or defeat of a public question or public questions, lobby for the passage or defeat of certain legislative bills introduced in the NJ Legislature in accordance with N.J.S.A. 19:44A-8(b). A CPC is frequently referred to as Political Action Committee (PAC). The NJECPAC was formed to provide funding for legislative initiatives of its members and its member organizations representing the interests of Electrical Contractors, Small Businesses and Taxpayers throughout the State of New Jersey.

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Tuesday, October 12, 2010

Governor Understands We Cannot Spend Money We Do Not Have

Sen. Michael Doherty
Senator Mike Doherty (R-Warren/Hunterdon) issued the following statement after Governor Chris Christie’s announcement that construction on the Hudson River Rail Tunnel would be terminated:

“Governor Christie made the right decision today by stopping construction of the new Hudson River Rail Tunnel. Our Governor understands we cannot spend money we do not have and New Jersey must start living within its means.

“A financial audit, conducted by the federal government, estimated that cost overruns on the project could top more than $5 billion. New Jersey taxpayers and tollpayers would have been the ones held responsible to pay this multi-billionaire dollar bill. Additionally, the design of the project, as it stood, was inefficient and ineffective towards solving the long-standing capacity problems that are affecting rail travel into and out of Manhattan from New Jersey.

“With this decision, Governor Christie is protecting the people of New Jersey from higher taxes, higher tolls and more debt.”
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