Governor to unveil new economic stimulus initiative
Gov. John Corzine plans to unveil a new economic stimulus initiative before state legislators Thursday as a way to help New Jersey cope with the financial crisis.
Corzine says he will lay out a plan to lift the state out of the current economic turmoil. He says he'll protect neighborhoods by buying foreclosed homes and work to create more jobs.
The governor also spoke on Meet the Press Sunday and discussed what the country should be doing to get money flowing again.
"We need to be putting demand into the system," says Corzine. "That means infrastructure. Build highways, build schools, build our energy system so that we can actually create jobs."
A cash-strapped New Jersey will make another change come December. The state will begin charging 89 small towns currently receiving free protection from the state police if they can't afford a local police force.