Christie May Deny New Jersey $3.4 Billion of U.S. Aid

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New Jersey Governor Chris Christie, who says he’s trying to save money for residents with the highest U.S. tax burden, may cost them $3.4 billion in federal funding that would have improved schools and eased congestion.

The first-term Republican this month halted the nation’s largest mass-transit project, a tunnel under the Hudson River, saying residents couldn’t afford overruns on its $8.7 billion cost, even with the federal government pitching in $3 billion. In August, Christie’s administration lost $400 million in U.S. education funds because of an error on a grant application.