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Port Authority to discuss consultants' reports

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NEWARK, N.J. (AP) — Port Authority of New York and New Jersey officials plans to discuss the findings of two consultants who were hired to review the bistate agency.

Wednesday's briefing will center on what the firms found in terms of the Port Authority's operational and financial structure.

New Jersey Gov. Chris Christie and New York Gov. Andrew Cuomo ordered the examination as a condition of toll increases they approved in 2011.

The Port Authority has drawn criticism for over-spending, lavish perks and little oversight.

The Port Authority operates airports, seaports, a train system, and several bridges and tunnels that link the two states. It also owns the site of the new World Trade Center.

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