Leadership from Governor Corzine, not Wall Street financing schemes, are what's needed to solve our state's transportation funding problem, said Senator Anthony Bucco.

Lance Sides with Bush on Social Security Privatization

New Jersey's problem economy requires a New Jersey solution. The governor can't just pass the blame and the responsibility on to the president and the Congress.

The possibility of litigation shouldn't block rapid and full disclosure of what led up to the state's disastrous investment in Lehman Brothers.

BUONO ANNOUNCES OCTOBER BUDGET COMMITTEE HEARING ON NJ ECONOMY

Meeting Will Focus on Economic Issues Surrounding the National Recession, Wall Street Crisis

TRENTON – Senate Budget and Appropriations Committee Chairwoman, Senator Barbara Buono, announced today that the panel will meet on October 6 to hold a hearing on New Jersey’s economy, including the impact that the national recession and recent problems on Wall Street have had on the State's revenues and investments.

“It’s no secret that the economy – from the national level down to the State and local levels – is in trouble,” said Senator Buono, D-Middlesex. “The price of oil is up, the joblessness rate continues to climb and the poor state of the economy weighs heavily on the public. We need to hear from leading economic voices to give State residents an idea of how much longer they’re going to need to weather the current economic crisis – and what New Jersey can do to help get them through the storm.”

“The only people who will benefit from the governor’s convoluted plan to sell the turnpike are the Wall Street bankers, who will collect big, fat fees from the financing of the Turnpike sale and their clients,”

GORDON STATEMENT ON GOVERNOR CORZINE'S BUDGET ADDRESS

(TRENTON) - Assemblyman Bob Gordon (D-Bergen) today released the following statement on Governor Jon S. Corzine's budget address to a joint session of the New Jersey Legislature:

LITTELL INTRODUCES BILL TO BLOCK TURNPIKE SALE
Bill Would Let Voters Decide on State Asset Sales in Excess of $100 Million

Senator Robert E. Littell (R-Sussex/Morris/Hunterdon) announced today his intention to introduce legislation to permit the voters of this State to decide on the advisability of selling State assets with a value of $100 million or more. The legislation is in response to attempts by prominent Democrats to sell or lease the New Jersey Turnpike to foreign interests.

DOHERTY SLAMS CORZINE AND ABELOW'S
$3.5 BILLION FEEDING FRENZY FOR WALL STREET
SLAMS ISSUANCE OF $3.5 BILLION OF DEBT TO PAY OFF EXISTING DEBT

Assemblyman Michael Doherty today slammed reports that Governor Jon Corzine and Treasurer Bradley Abelow have approved a scheme to issue $3.5 billion of debt to retire $3.3 billion of existing debt.

ECONOMIC PROBLEMS WILL GET WORSE BEFORE THEY GET BETTER UNDER CORZINE
Governor Fails To Do What's Needed to Jump Start Economy