Friday, February 23, 2007
Corzine: Financial future in N.J. is bleak
Philadelphia Inquirer | 02/23/2007 | Corzine: Financial future in N.J. is bleak: "TRENTON - Calling it 'a very good budget for the people of New Jersey,' Gov. Corzine yesterday formally introduced a $33.3 billion state spending proposal that contains no tax hikes, more aid for schools and towns, and money for a major property-tax relief program.
But the governor, who had released many of the plan's details on Wednesday, spent less than half of his 35-minute budget address actually addressing the forthcoming year's budget.
Speaking before hundreds gathered in the State Assembly chambers, Corzine focused more on the future.
He warned that the state's long-term financial outlook remained dire - and that the only real fix could be selling or leasing assets such as the lottery or New Jersey Turnpike."
But the governor, who had released many of the plan's details on Wednesday, spent less than half of his 35-minute budget address actually addressing the forthcoming year's budget.
Speaking before hundreds gathered in the State Assembly chambers, Corzine focused more on the future.
He warned that the state's long-term financial outlook remained dire - and that the only real fix could be selling or leasing assets such as the lottery or New Jersey Turnpike."
Labels: NJ News, NJ Politics
