August 23, 2007 - 2:40pm
Press Release

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CORZINE TURNPIKE SALE PLAN PUNISHES SUBURBAN COMMUTERS

CORZINE TURNPIKE SALE PLAN PUNISHES SUBURBAN COMMUTERSMiddle Class Working Families Left Holding the School Construction Bag 

            Senator Thomas Kean, (R-21), responded today to published comments made by Governor Jon S. Corzine linking the future of  schools construction program in New Jersey  to his secret plan to sell the state's toll roads and other assets.

 

          "It is disturbing that Governor Corzine is using political extortion to convince the voters of this state to support his ill-conceived and covert scheme to auction off our toll roads to the highest bidder by tying the plan to school construction projects. 

         

            "History has proven that the now-defunct Schools Construction Corporation (SCC) was swamped with waste, corruption, fraud and outright theft.  The agency charged with providing new and improved schools for the state's 611 school districts operated without accountability while spending $8.6 billion and only completing half of the promised projects.  Hundreds of projects were abandoned due to lack of funds.

                

          "The Trenton politicians and professional bureaucrats now are proposing that a renamed SCC spend an additional $3.25 billion of the taxpayer's money in an attempt to fix the mess that they created.  However, there is no evidence at this time that the New Jersey Schools Development Agency has the necessary reforms or safeguards in place to prevent a recurrence of the fraud that occurred under the SCC.

 

                "The Corzine toll road sale, lease, asset monetization or asset extraction scheme is bad for New Jersey. This one shot financial gimmick will not solve any of the problems that have been created over six years of Democratic mismanagement, out of control spending, record tax increases and rampant corruption.

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WMURRAY can be reached via email at WMurray@njleg.org.
Related topics: Corzine, Kean, Toll road sale