Governor Chris Christie has really made a mess of New Jersey’s transportation finances. Since 2011, the governor’s “flipping the couch cushions” strategy has resulted in the state amassing an additional $5.2 billion in debt.
New Jersey’s gas tax has not increased since the 1980s and is the second lowest in the nation. Without new revenue, predictably enough the state can’t balance the books. This budget session, New Jersey Transit is facing a $60 million shortfall, and transit riders will soon be paying more for less. The state has proposed a 9 percent fare increase on top of service reductions.
The refusal to raise the gas tax is a hallmark of Christie’s political strategy. A 2012 report from the federal Government Accountability Office concluded that Christie killed the ARC transit tunnel across the Hudson because he wanted to siphon the money off for highways without hiking the state’s gas tax.
While the gas tax hasn’t budged since 1988, New Jersey transit riders got stuck with a 25 percent bus fare hike and a 10 percent rail fare hike in 2010.
A recent poll of New Jersey voters found 50 percent favor raising the gas tax. But that hasn’t convinced Christie to face reality.
Without new revenue, the state may be forced to cancel previously authorized projects, the Tri-State Transportation Campaign warns. And soon, New Jersey won’t even be able to pay the bill on existing debts. Something’s got to give — raising fares and cutting service can’t paper over Christie’s transportation budget mistakes much longer.