Senator Steve Oroho, a member of the Senate Budget and Appropriations Committee, said that given the news that New York state faces a growing fiscal crisis, it is alarming that Governor Jon Corzine stubbornly refuses to regularly update revenue collection numbers for New Jersey, as other governors have done in the past.

Jon Corzine's Meadowlands Commission is asleep at the switch if its members can't keep a steady flow of financing to a $2 billion project like Xanadu. What good is state oversight if unnecessary delays keep costing New Jersey residents jobs and tax money?

The homeless, the unemployed and the underemployed deserve to know why Governor Corzine isn't using every tool at the state's disposal to combat this recession, says Senate Republican Leader Tom Kean. It's time for the governor to call a special session on job creation, or explain why this issue isn't important enough to take immediate action, the senator said.

New Jersey was once the economic engine of the Northeast. Now it leads the region in joblessness. Governor Corzine should apologize to New Jersey, and call a special session immediately to come forth with a bold job creation plan that will begin to counter and then erase the disastrous economic policies of the last eight years.

New Jersey Unemployment Surges to 9.2%

Senator Joe Kyrillos, senior Republican on the Senate Economic Growth Committee, said today’s report that New Jersey’s unemployment rate surged to 9.2 percent in June shows the state is paying a terrible price for Trenton’s inexcusable neglect of economic development over the last eight years. In addition to having the highest unemployment rate in the region, Kyrillos noted that New Jersey led the nation in new jobless claims during the week of June 27.

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The residents of Warren and Hunterdon Counties do not need prolonged economic hardship to understand that Trenton desperately needs reform. They've been demanding it for the last eight years! They saw this economic crisis coming because of Democrat policies discouraging job creation and economic growth in our state. The question is why didn't Governor Corzine and Chairman Greenwald?

GUSCIORA PRAISES PROGRESS OF NEW JERSEY OFF-SHORE WIND FARM

(TRENTON) - Assemblyman Reed Gusciora (D-Princeton), the Assembly Commerce and Economic Development Committee chairman, issued the following statement on the release of leases for three off-shore wind projects:

"I commend Governor Corzine and the Obama Administration for their teamwork that has helped to propel New Jersey to the forefront of the nation's environmental efforts. 

"These offshore wind projects will help to advance New Jersey's goals of making clean and renewable energy a reality..."

New Jersey is in the ideal physical location to be the national economic leader among the states. It's not because of the public policies we have followed over the last eight years.

New Jersey's tax freedom day comes later than all but one other state's. It will come even later next year if Governor Corzine's $1 billion tax hike is passed in the middle of a recession.

New Jersey can't afford its anti-business reputation at a time of growing joblessness. Senator Kyrillos implores Governor Corzine to champion economic reform.