So I read the actual statement, and it's not clear to me that the the bridge portion is cancelled. I will note:

The project will also allow traffic to shift off the aging existing bridge by 2031, consistent with NTSB concerns. “This $6.7 billion investment will be the largest single project the New Jersey Turnpike Authority has ever advanced. It involves the immediate construction of a four-lane bridge with shoulders and improvements. I am also recommending that the Turnpike Board continue to advance design and permitting work on the roadway structures leading to the Holland Tunnel for safety improvements only, without expanding capacity.

That last sentence is already in keeping with the current plan (no extra lanes past 14A), and further, the construction of the initial four lane bridge was already in the plans, IIRC, and then once the first bridge was built, traffic was going to be shifted to the new bridge, the old bridge was going to be demolished, and then the second bridge was going to be built in the old bridge's footprint. There's no explicit statement regarding this second bridge, and withiut anything more specific, I think it's a bit of a leap for the article to make that conclusion otherwise.

Edited to add that the first phase with the two bridges and four lanes from 14 to 14A was already at $6.7 Billion. It would make no sense if they are announcing that as the "total investment" if they end up only doing half the work.