Port Authority Draws Fire For $2B WTC Spending Plan

Law360, New York (December 8, 2011, 8:47 PM EST) -- The Port Authority of New York and New Jersey's plans to spend $2 billion on the World Trade Center, revealed Thursday in its 2012 budget, quickly drew flak from New Jersey Gov. Chris Christie in the latest round of criticism for the embattled agency.

Of the $3.7 billion in planned capital spending — part of a $7 billion budget unanimously approved by the board on Thursday — more than half goes to the World Trade Center.

The budget earmarks $648 million for the site's signature tower,...
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