Gov. Corzine looks for ideas to help economy

Gov. Jon Corzine admits the weakening economy is making him nervous, but he isn?t about to sit back and watch things deteriorate.

Corzine is looking for ideas wherever he can. The governor met with about 15 people Saturday afternoon at a Princeton mansion to discuss suggestions for improving the state?s economy. The 15 people were selected from a pool of about 1,800 based on suggestions they made to the governor?s Web site on how to cut spending.

According to Corzine, the big problem is property taxes. Bill Zervos agrees. Zervos wants Corzine to freeze property taxes across the board. To do so, he suggests getting rid of municipalities and moving toward a county style of government.

However, tax cuts won't really help as Corzine is already proposing $3 billion in cuts that will affect property tax rebates. Myra Wolgamuth thinks the rebates should be eliminated all together.

"Why don't they just take that money ? and put it into something that is needed," she says.

The roundtable discussion offered up some interesting ideas, such as four-day work weeks for state employees, a benefit concert to raise revenues, rounding off sales to the dollar and using the extra pennies for education. Meantime, the governor is warning of further cuts in state services.

The governor says he liked the suggestions he heard, but stressed that we are in the midst of a recession. He plans to fine tune his proposed budget in April and May.

Analysts say locals shouldn?t be surprised if the governor swings the budget ax some more.

sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Time Warner® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 20 view limit
Access to News 12 is free for Optimum, Comcast®, Time Warner® and Service ElectricSM customers.
Please login or create an account to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."