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

News 12 Staff

Mar 15, 2008, 9:53 PM

Updated 5,977 days ago

Share:

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.


More from News 12
2:10
Boar’s Head deli meat recalled for potential listeria contamination

Boar’s Head deli meat recalled for potential listeria contamination

2:16
Fire at Fair Lawn strip mall destroys multiple businesses, including popular Zadies Bakery

Fire at Fair Lawn strip mall destroys multiple businesses, including popular Zadies Bakery

2:42
Beautiful weekend ahead for New Jersey with sunny skies and warm temperatures

Beautiful weekend ahead for New Jersey with sunny skies and warm temperatures

1:43
Lead found on Keyport beach not ‘urgent risk’ to public health, no need to close beach

Lead found on Keyport beach not ‘urgent risk’ to public health, no need to close beach

0:29
Man who pleaded guilty to attacking Jewish men sentenced to 30 years on terror charges

Man who pleaded guilty to attacking Jewish men sentenced to 30 years on terror charges

0:55
EPA completes Phase 1 of superfund site cleanup at Unimatic Manufacturing site in Fairfield

EPA completes Phase 1 of superfund site cleanup at Unimatic Manufacturing site in Fairfield

0:20
West New York school named for Sen. Menendez to revert to original name

West New York school named for Sen. Menendez to revert to original name

0:30
Attorney general: NJ state trooper ‘inexcusably crossed the line,’ admits to punching handcuffed woman in the face in 2022

Attorney general: NJ state trooper ‘inexcusably crossed the line,’ admits to punching handcuffed woman in the face in 2022

0:15
East Brunswick police: Bicyclist killed in Route 18 crash

East Brunswick police: Bicyclist killed in Route 18 crash

0:30
No one injured in Kenilworth house fire

No one injured in Kenilworth house fire

1:04
Attorney general releases body camera footage of fatal Hamilton police-involved shooting

Attorney general releases body camera footage of fatal Hamilton police-involved shooting

0:15
Part of Manchester’s Harry Wright Lake closed due to high levels of fecal bacteria

Part of Manchester’s Harry Wright Lake closed due to high levels of fecal bacteria

0:23
2 dead in Maine plane crash after leaving New Jersey airport

2 dead in Maine plane crash after leaving New Jersey airport

0:18
$1 million lottery ticket won from $20 scratch-off at North Wildwood Wawa

$1 million lottery ticket won from $20 scratch-off at North Wildwood Wawa

1:59
Paws & Pals: Felicity now up for adoption at Associated Humane Societies

Paws & Pals: Felicity now up for adoption at Associated Humane Societies

1:17
Gov. Murphy discusses potential Menendez replacement on ‘Ask Gov. Murphy’

Gov. Murphy discusses potential Menendez replacement on ‘Ask Gov. Murphy’

0:40
State, federal lawmakers introduce legislation to shorten funding gap for World Trade Center Health Program

State, federal lawmakers introduce legislation to shorten funding gap for World Trade Center Health Program

0:33
New Jersey now has 21 towns where starter homes cost more than $1 million

New Jersey now has 21 towns where starter homes cost more than $1 million

0:48
Jersey Proud: Dean Martin & Jerry Lewis first performed together 78 years ago in Atlantic City

Jersey Proud: Dean Martin & Jerry Lewis first performed together 78 years ago in Atlantic City

1:47
Police: 3 people hospitalized as bee swarm takes over Paramus neighborhood

Police: 3 people hospitalized as bee swarm takes over Paramus neighborhood