Category Archives: Gov.Jon Corzine

It’s About Doing The Right Thing

Here’s a nifty little video I found on Governor Corzine’s Youtube channel, its 53 seconds long and touts his budget proposal. I like it.

Below is the description that tells about the content of the video
(Just wondering, would anyone know what the music that accompanies this video is?).

Jon Corzines FY2010 Budget does the right thing.

It cuts $4 billion in spending while protecting education, healthcare and those hit hardest by the national recession.
He is the only Governor in 60 years to reduce overall spending during a four-year term. Not Whitman, Not Byrne, Not Kean or McGreevey, not nobody. Only Jon Corzine

How’d he do it? Eliminated Budget Gimmicks, Ended Christmas Tree Spending, Made Government More Efficient, Ended Program that Dont Work, Focused on Priorities

Even though this budget cuts $4 billion, it adds $300 million for school and $25 million for early education. It adds $193 million to Family Care and $113 million to mental health and disability support. It preserves property tax rebates for seniors and 80% of NJ Households.

Its about priorities, Its about doing the right thing.

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Filed under FY2010 budget, Gov.Jon Corzine, New Jersey, the right thing, YouTube

Governor Jon S. Corzine :Doing What’s Right

The following is a letter from Governor Corzine that I received in my inbox a few hours after he presented his budget to the State Legislature yesterday:

Friends-

Today, I submitted my executive budget for the 2010 fiscal year to the people of New Jersey. I take this responsibility seriously, and though this is my fourth budget, I remain as committed to doing what’s right for the long-term economic health and prosperity of our state as I was when I submitted my first.

Because of the additional challenges facing our state brought on by the national financial crisis, I approached this budget with three primary objectives:

Protect education, health care and the state’s most vulnerable. I have proposed adding $300 to state aid for schools, $25 million in new aid for pre-k expansion and $149 million for Family Care. I’ve also proposed over $1 billion for 1 million New Jersey residents through direct property tax relief by insuring that Seniors receive the same property-tax rebates as last year, and preserving rebates for non-senior households earning $75,000 or less.

Allow New Jersey to remain ahead of the national economic crisis. This is my smallest budget since becoming Governor, with over $4 billion in cut spending. I have cut the operational costs of state government by more than $380 million, and reduced 850 line items, including proposed wage freezes and furloughs for state workers that will save our state hundreds of millions of dollars (because I believe that is a better to keep people employed and insured than on unemployment lines and Medicaid rolls). I have also asked the most fortunate in our society should pitch in, which is why I’m slightly increasing the income tax rate for the just-over 1 percent of New Jerseyans earning over $500,000.
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Prepare NJ to capitalize when the national economy rebounds. My Economic Assistance & Recovery Plan introduced last fall, in partnership with the Legislature, provided relief for those that need it now, while dramatically improving the State’s business climate and creating a jobs program to pave the way for a better tomorrow. I have worked hard to bring fiscal responsibility to Trenton by eliminating gimmicks, implementing spending cuts and making government itself more efficient and affordable. As such, New Jersey is well positioned to deal with this national crisis, and when the tide begins to turn we will be able to quickly put people back to work and increase funding for the programs that we all value.

We anticipated this downturn last year and cut the budget last year by the largest amount ever, setting the table for this budget. I am proud that we have be able to balance the most difficult budget in state history without a broad-based income or sales-tax increase and without hurting the people hit hardest by the recession.

But this isn’t about me. This is about not shying away from the difficult decisions and doing what’s right for the families of New Jersey.

I have laid out a clear set of priorities for the state, and put us on a path that I believe will keep New Jersey ahead of the curve in handling the national financial crisis. I’ve had to make some tough calls to forge this honestly-balanced budget, but I believe that this budget maintains our core values as a State by ensuring that we continue to nurture our children, honor our seniors, and protect the most vulnerable among us.

I look forward to hearing your thoughts, ideas, and reactions in the weeks ahead, and I thank you for your continued support.

Governor Jon S. Corzine

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Filed under Economic Assistance and Recovery Plan, Families, Financial crisis, Gov.Jon Corzine, Health Care, New Jersey, property tax rebates, Seniors, State budget, State Legislature

Assembly Democrats Commentary on 2009 Budget Address

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Filed under comments, Gov.Jon Corzine, New Jersey, NJ Assembly Dems, State budget, State of the State Adress

Status Of State Economies: Gov Corzine on Face the Nation

Bob Schieffer spoke with New Jersey Gov. Jon Corzine, Indiana Gov. Mitch Daniels and Ohio Gov. Ted Strickland about the economic situations in their respected states.

Some interesting New Jersey budget numbers thrown out by Bob Schieffer while questioning Gov. Corzine about the impact of the current economic crisis was as follows; Expected sales tax revenue $ 8.5 billion (a shortfall of $653 million), State income tax shortfall of $1.45 billion, with a total drop of budget revenues of $2.8 billion expected.

Gov. Corzine said that revenues have dropped off by 8%-9% and he expects to take the economic stimulus money when made available from the federal government. He mentioned that he would use the money to help education, healthcare and infrastructure throughout the State. The Governor also mentioned that by taking the stimulus money offered by the President Obama, 100,000 jobs will be created or saved throughtout New Jersey.

Interestingly, Indiana (R) Gov. Mitch Daniels said that he will also take the stimulus money being offered by the Obama administration to invest it for later uses.

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Filed under Bob Schieffer, Economic Stimulus Package, Face the Nation, Gov. Mitch Daniels, Gov. Ted Strickland, Gov.Jon Corzine, Indiana, New Jersey, Ohio, tax relief

Status Of State Economies: Gov Corzine on Face the Nation

Bob Schieffer spoke with New Jersey Gov. Jon Corzine, Indiana Gov. Mitch Daniels and Ohio Gov. Ted Strickland about the economic situations in their respected states.

Some interesting New Jersey budget numbers thrown out by Bob Schieffer while questioning Gov. Corzine about the impact of the current economic crisis was as follows; Expected sales tax revenue $ 8.5 billion (a shortfall of $653 million), State income tax shortfall of $1.45 billion, with a total drop of budget revenues of $2.8 billion expected.

Gov. Corzine said that revenues have dropped off by 8%-9% and he expects to take the economic stimulus money when made available from the federal government. He mentioned that he would use the money to help education, healthcare and infrastructure throughout the State. The Governor also mentioned that by taking the stimulus money offered by the President Obama, 100,000 jobs will be created or saved throughtout New Jersey.

Interestingly, Indiana (R) Gov. Mitch Daniels said that he will also take the stimulus money being offered by the Obama administration to invest it for later uses.

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Filed under Bob Schieffer, Economic Stimulus Package, Face the Nation, Gov. Mitch Daniels, Gov. Ted Strickland, Gov.Jon Corzine, Indiana, New Jersey, Ohio, tax relief

Governor Corzine on Face the Nation


Here’s a heads up, tomorrow morning Governor Jon Corzine will join Ohio Governor Ted Strickland to discuss the Economic Stimulus Package that President Obama signed into law this past Tuesday and the positive benefits it will have for our states.

It airs live on CBS at 10:30 am.

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Filed under Bob Schieffer, Economic Stimulus Package, Face the Nation, Gov. Ted Strickland, Gov.Jon Corzine, New Jersey, Ohio, President Obama

Governor Corzine on Face the Nation


Here’s a heads up, tomorrow morning Governor Jon Corzine will join Ohio Governor Ted Strickland to discuss the Economic Stimulus Package that President Obama signed into law this past Tuesday and the positive benefits it will have for our states.

It airs live on CBS at 10:30 am.

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Filed under Bob Schieffer, Economic Stimulus Package, Face the Nation, Gov. Ted Strickland, Gov.Jon Corzine, New Jersey, Ohio, President Obama