"Then thereâ??s New Jersey. It has the highest taxes in the country, a $10 billion deficit and a depressed economy when first-year Governor Chris Christie took office. But after looking at the books, he decided to walk away from a long-planned and much-needed project with New York and the federal government to build a rail tunnel into Manhattan. It would have helped the economy and given employment to 6,000 construction workers.
Gov. Christie acknowledged thatâ??s a lot of jobs. â?¦ â??The bottom line is I donâ??t have the money. And you know what? I canâ??t pay people for those jobs if I donâ??t have the money to pay them. Where am I getting the money? I donâ??t have it. I literally donâ??t have it. â?¦ The day of reckoning has arrived. Thatâ??s it. And itâ??s gonna arrive everywhere. Timing will vary a little bit, depending upon which state youâ??re in, but itâ??s cominâ??.â??