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

News 12 Staff

Oct 13, 2008, 11:27 PM

Updated 5,761 days ago

Share:

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.


More from News 12
2:23
Emergency repairs begin on Route 3 East following deadly truck fire in Clifton

Emergency repairs begin on Route 3 East following deadly truck fire in Clifton

2:38
Cloudy and rainy start to the week; conditions clear by the weekend

Cloudy and rainy start to the week; conditions clear by the weekend

1:46
What you should know about a deadly nationwide listeria outbreak linked to deli meat

What you should know about a deadly nationwide listeria outbreak linked to deli meat

0:22
Wife of New York Yankees executive dies after being found unresponsive at home

Wife of New York Yankees executive dies after being found unresponsive at home

Police: Man faces charges for cutting head off seagull at the Jersey Shore

Police: Man faces charges for cutting head off seagull at the Jersey Shore

0:25
Seaside Park man arrested for fatal hit-and-run

Seaside Park man arrested for fatal hit-and-run

0:48
Senate Ethics Committee starts review of Sen. Bob Menendez's conduct following bribery conviction

Senate Ethics Committee starts review of Sen. Bob Menendez's conduct following bribery conviction

0:43
Officials: Firefighter injured battling house fire in Bayonne

Officials: Firefighter injured battling house fire in Bayonne

1:13
‘Palpable excitement.’ Rep. Sherrill expresses support for VP Harris’ presidential campaign

‘Palpable excitement.’ Rep. Sherrill expresses support for VP Harris’ presidential campaign

2:34
What are the next steps for Democrats as Biden drops out of 2024 presidential race?

What are the next steps for Democrats as Biden drops out of 2024 presidential race?

0:44
Repair Café holds repairing event at Jersey City church this past weekend

Repair Café holds repairing event at Jersey City church this past weekend

1:44
‘Too old.’ ‘A surprise.’ ‘It’s mature.’ New Jersey residents react to Biden’s decision to step down

‘Too old.’ ‘A surprise.’ ‘It’s mature.’ New Jersey residents react to Biden’s decision to step down

0:43
Officials: 1 woman hospitalized with burns; 2 displaced in Elizabeth fire

Officials: 1 woman hospitalized with burns; 2 displaced in Elizabeth fire

1:44
NJ Transit commuters experience another round of delays due to Amtrak overhead wire issue

NJ Transit commuters experience another round of delays due to Amtrak overhead wire issue

1:00
What happens to Biden's campaign funds?

What happens to Biden's campaign funds?

2:18
Do you know how accurate your credit report is? Kane in Your Corner shows you how to spot, fix mistakes

Do you know how accurate your credit report is? Kane in Your Corner shows you how to spot, fix mistakes

0:19
Parking garage fire causes Stop & Shop in Union to close

Parking garage fire causes Stop & Shop in Union to close

0:39
Olympics spotlight: New Jersey athletes competing at the Paris Olympic Games

Olympics spotlight: New Jersey athletes competing at the Paris Olympic Games

1:51
Made in New Jersey: The Healing Bras provides relief during painful moments

Made in New Jersey: The Healing Bras provides relief during painful moments