High Hopes and Anxiety On State Street

NJBIZJuly 27, 2009

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Summary


Perhaps the most important reason for the anxiety on West State Street ahead of the speech is that [Jon Corzine] and his team must figure out how to close a projected $4.5 billion deficit. We thus have a new governor with no prior state government experience confronting veteran lawmakers who must be appeased and a looming multibillion-dollar budget shortfall. Nonetheless there has been a sense of hope as well as anxiety in advance of the governor's speech.

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Extract


High Hopes and Anxiety On State Street

ALL EYES will be on Gov. Jon Corzine this week as he delivers Ms first budget address to a joint session of the Legislature. Whi...

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