Feb 14, 2008 8:35 am US/Eastern
Corzine: Fiscal Woes May Lead Hospitals To Close
TRENTON (AP) ―
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New Jersey Gov. Jon S. Corzine says property taxes and tuition may soar and hospitals close if the state doesn't raise more money to solve fiscal woes. (File)
AP
New Jersey Gov. Jon S. Corzine says property taxes and tuition may soar and hospitals close if the state doesn't raise more money to solve fiscal woes.
Speaking on radio station WOR Thursday, Corzine discussed plans to significantly increase highway tolls to pay state debt and fund transportation work.
The plan hasn't been embraced by the public and lawmakers, but Corzine said just cutting state spending cannot solve state financial problems.
People who think that, he said, are essentially suggesting cutting state aid for towns, schools, hospitals and state colleges and universities, moves he said would force up property taxes and tuition and make hospitals close.
But Corzine said he continues to be open to compromise to lessen the toll increases, as long as the alternative addresses state fiscal problems responsibly.
(© 2009 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)
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