WATCH LIVE

Donald Trump is speaking at the Republican National Convention. Live now on News 12 and News 12 New York

Corzine set to announce cuts in 2009 budget

As many residents are making their New Year?s resolutions, Gov. Jon Corzine is getting ready to announce some cuts to make up for 2009 budget shortfalls. Corzine says the state budget is his number one

News 12 Staff

Jan 2, 2009, 12:32 AM

Updated 5,677 days ago

Share:

As many residents are making their New Year?s resolutions, Gov. Jon Corzine is getting ready to announce some cuts to make up for 2009 budget shortfalls.
Corzine says the state budget is his number one priority of the new year. He is expected to announce what he calls ?spending adjustments? to make up for shrinking state tax dollars.
Officials say since unemployment is up in the state and less people are working, the state is collecting less in income tax.
Corzine says he will postpone delivering his annual budget address until March. He says the postponement is to see what kind of federal aid the state gets from the new Obama administration.
Corzineto delay budget intro


More from News 12
0:36
Police: Borgata Hotel briefly evacuated after caller claims to have bomb

Police: Borgata Hotel briefly evacuated after caller claims to have bomb

2:13
Cooler temps overnight; sunny and warm Friday ahead for New Jersey

Cooler temps overnight; sunny and warm Friday ahead for New Jersey

2:14
Property taxes increase in New Jersey towns as state slashes school funding

Property taxes increase in New Jersey towns as state slashes school funding

1:39
New Jersey environmental justice law won't block power plant hotly fought by Newark residents

New Jersey environmental justice law won't block power plant hotly fought by Newark residents

1:53
Hundreds of Hunterdon and Somerset county residents clean up following intense Tuesday storms

Hundreds of Hunterdon and Somerset county residents clean up following intense Tuesday storms

1:57
Prosecutor: Director of Brick Township Rec Department issued phony permits to play on ballfields

Prosecutor: Director of Brick Township Rec Department issued phony permits to play on ballfields

0:44
Jersey Proud: Union Township elementary school students participate in junior police academy

Jersey Proud: Union Township elementary school students participate in junior police academy

0:22
Police: 7 passengers on adult day care bus taken to hospital after crash in East Orange

Police: 7 passengers on adult day care bus taken to hospital after crash in East Orange

1:01
Newark officials tout city’s Summer Youth Employment Program

Newark officials tout city’s Summer Youth Employment Program

1:44
Select NJ Transit trains not operating due to heat-related rail equipment issues

Select NJ Transit trains not operating due to heat-related rail equipment issues

1:48
How often do meteors enter Earth’s atmosphere?

How often do meteors enter Earth’s atmosphere?

0:24
Jackson father accused of leaving infant in hot car released from jail

Jackson father accused of leaving infant in hot car released from jail

1:22
Best Beaches: Having fun at Keansburg Amusement Park

Best Beaches: Having fun at Keansburg Amusement Park

1:29
Moderate drought expands in Central New Jersey and in regions in Northern New Jersey

Moderate drought expands in Central New Jersey and in regions in Northern New Jersey

1:46
Saddle up at Wild West City in Byram Township

Saddle up at Wild West City in Byram Township

0:25
State police: Missing Irvington man found dead almost 3 weeks after his disappearance

State police: Missing Irvington man found dead almost 3 weeks after his disappearance

0:25
Former Wall Township High School teacher accused of sexual assault faces additional charges

Former Wall Township High School teacher accused of sexual assault faces additional charges

0:35
Man tosses dog over fence in front of Atlantic City animal shelter

Man tosses dog over fence in front of Atlantic City animal shelter

0:19
Closing arguments in Evan Gershkovich’s espionage trial will be Friday, court says

Closing arguments in Evan Gershkovich’s espionage trial will be Friday, court says

0:17
Social media star ‘Famouss Richard’ arrested following dispute at Bayonne QuickCheck parking lot

Social media star ‘Famouss Richard’ arrested following dispute at Bayonne QuickCheck parking lot