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Christie officially cancels largest infrastructure project in U.S.

Chris Christie has officially canceled the largest infrastructure project in the United States.

Proponents of the tunnel say the Republican New Jersey governor's decision will cost New Jerseyans 6,000 construction jobs and 45,000 more jobs once completed. Plus, New Jersey has already spent about $600 million on the project and federal money already allocated may have to be repaid.

Christie said the Garden State didn't have the money, particularly for potential overrun costs.

Christie had delayed his official decision after federal officials urged him to reconsider.

The New York Times: "Chris Christie, the Republican governor of New Jersey, put a second and final stop on Wednesday morning to the most expensive public works project under way in the country, a proposed rail tunnel under the Hudson River that could have doubled commuter-train service to Manhattan. Mr. Christie had canceled the project earlier this month, saying that New Jersey could not afford its rising share of the projected costs."

The (Newark) Star-Leger: "There is no light at the end of this tunnel. Gov. Chris Christie today terminated the over-budget Hudson River commuter train tunnel, America’s largest public works project, ending for now the two-decade-old quest to expand rail capacity between New Jersey and midtown Manhattan. ... [T]he only visible sign of the proposed 9-mile tunnel is a support span in the area where the tunnel was to begin in North Bergen. Still, up to $600 million has already been spent, mostly on design and planning work. ... Proponents said the project would have created 6,000 construction-related jobs a year and close to 45,000 permanent jobs once completed. They also said it would have provided transfer-free rides to Manhattan, gotten 22,000 cars off the roads every day and eliminated nearly 70,000 tons of greenhouse gasses gases each year. Without the new two-track tunnel, which would have been able to handle an extra 25 trains per hour during peak periods, New Jersey is left with a century-old two-track tunnel that can handle 23 trains."

Transportation Secretary Ray LaHood, a Republican, met with Christie last week to try and change Christie's mind -- to no avail.