REGAN CHALLENGES DELAY OF PROJECTS BY PORT AUTHORITY; SAYS MONEY SEEMS ADEQUATE Comptroller Criticizes the Linking of Toll Rise to Transit Outlays in New York and Jersey 'Revenues Appear Adequate' Letters to Carey and Byrne Regan Challenges Port Authority Dispute on Use of Revenues
The New York State Comptroller, Edward V. Regan, said yesterday that the Port Authority of New York and New Jersey overstated its financial problems two months ago when it announced a deferral of $272 million in mass-transit projects in the two states. He asserted that the authority did not need the increases in bridge and tunnel tolls it said were the only way these projects could be resumed.
