Wednesday, April 29, 2009

"Frightening" State Revenue Short Falls

New Jersey Chief Counsel William J. Castner Jr. told the New Jersey Chamber of Commerce this morning that sales and income tax collections are dropping to "frightening" levels and that Governor Corzine will soon announce budget revisions, according to an article in NJBiz.

Maybe Corzine will start making some real spending cuts rather that kicking the can down the road and back to the municipalities as he has been.

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