WISNIEWSKI: TRANSPORTATION PRIVATIZATION TESTIMONY PRODUCES MORE QUESTION THAN ANSWERS

(TRENTON) — Assembly Transportation, Public Works and Independent Authorities Committee Chairman John S. Wisniewski said Thursday that he was “disappointed with the lack of concrete information” provided to his committee on the actual cost savings of privatizing various transportation services in New Jersey.

Wisniewski (D-Middlesex) issued the following statement:

“I find it a bit shocking and a bit troubling that the head of the task force appointed by the governor to find $50 million in savings through privatizing portions of our transportation infrastructure has no real idea how much money will actually be saved, almost three months into the fiscal year.”

“It would seem that once again, the Christie administration is strong on talking points — in this case, privatization — and lacking on actual information.

“Privatization is not a panacea and should not be pursued simply so that the Christie administration can refinance existing debt. And it should not be sought if the same job can be done better — and for less — in house.

“That’s not to say privatization is all bad; it just needs to make economic sense for people of the State of New Jersey.

“Unfortunately, the disappointing lack of concrete information on privatization provided to the committee today did nothing to prove that and has instead left us with more questions than answers.”