Volume 7/Issue 5

  • President Trump's Proposed Budget Threatens Funding for Gateway Tunnel and Extension of Hudson-Bergen Light Rail
  • Gubernatorial Primary Update
  • DM Airport's Maria Sheridan Named to NJBIZ Top 50 Women in Business

President Trump’s Proposed Budget Threatens Funding for Gateway Tunnel And Extension of Hudson-Bergen Light Rail

Though many phases of the Gateway Tunnel are underway, federal funding for project could be eliminated under President Trump’s proposed Budget Blueprint for 2018.  The President’s plan seeks to limit funding for the federal “New Starts Program” to only those projects that already have contracts in place, a threshold that the Gateway Tunnel does not currently meet. 

The Governor has vowed to fight to preserve the funding for the project.  Subsequent media reports indicated it was possible that the New Starts Program funding could be replaced by a new $1 trillion infrastructure program that President Trump plans to unveil.  As reported in PoliticoNew Jersey, Governor Christie responded to this news by stating “I’m a bottom-line guy. If they pay for pay for 50 percent of the tunnel, I don’t care where they get the money from.”

State Senate Majority Leader Loretta Weinberg, Senate Republican Leader Tom Kean and Senator Bob Gordon issued a bipartisan plea to New Jersey's congressional delegation to fight to preserve the New Starts funding program not only for the Gateway Tunnel project, but also for the Hudson-Bergen Light Rail expansion.  Senator Weinberg noted the light-rail project was likely to rank near the top in the competition for the funding, with the State hoping to receive $300 million of federal aid. 

Gubernatorial Primary Update

With the June 6 Primary Election a little over two months away, the campaign to elect New Jersey’s governor has picked up the pace over the course of March.

Democratic front runner Phil Murphy has garnered several endorsements lately, most recently from the NJ Sierra Club, the Building & Construction Trades Council and by the two largest nursing unions in the State.   Ambassador Murphy noted that he’s in favor of a policy proposal to set nurse-to-patient staffing ratios, and that he supports legislation to tamper down on out-of-network insurance billing for hospital stays.

Lt. Governor Kim Guadagno and Assemblyman Jack Ciattarelli, the leading candidates for the GOP nomination, have opted to apply for public financing of their campaigns and both recently qualified for state matching funds, meaning that both have raised at least $430,000 in campaign contributions. The two candidates continue to battle for county party ballot positions, with the Assemblyman getting the endorsement the Essex, Hunterdon and Burlington County parties and the Lt. Governor garnering the support of the Bergen, Gloucester, Sussex and Atlantic County Republicans.

Democratic Assemblyman John Wisniewski also applied for state matching funds. Ambassador Murphy has opted not to apply for public financing.

DM Airport’s Maria Sheridan Named to NJBIZ Top 50 Women in Business

Maria Sheridan, Director, Government Affairs and Business Development at Morristown Airport was named to the NJBIZ Top 50 Women in Business for 2017.

The annual list highlights prominent leaders in the state’s business community.  River Crossing Strategy Group proudly represents Morristown Airport/DM Airports Ltd.  We congratulate Maria on this prestigious recognition.