As New Jersey citizens, we have a right to know where our tax dollars are spent. Save Our Assets NJ is a coalition concerned about the fate of New Jersey’s toll roads.

Our concerns lie in the facts that Governor Corzine is proposing a road tax that will result in much higher costs to businesses, taxpayers and commuters. We are asking Governor Corzine and the New Jersey Legislature not to put our future in debt.

Written By Peter Humphreys

Is the sky falling? Are we really in a financial emergency? Part V: Does the financial community think that we are bankrupt?
On: 02/15/2008 10:13:26

The Governor’s supporters have said that New Jersey is “bankrupt.”  The Governor has said we are “pretty much broke.”  But Wall Street does not agree.

Independent rating agencies, such as Moody’s and Standard & Poor’s review the finances and economic outlook of companies and government units.  They have analyzed the finances of New Jersey and its ability to pay its obligations as they come due.

Standard & Poor’s has given New Jersey a AA rating.  This means the state has a “very strong capacity to meet its financial commitments.”  Moody’s has  given New Jersey a Aa3 rating.  This means the obligations of the state are of “high quality and are subject to very low credit risk.”

Comments: 3

Thursday, May 08, 2008
NJ Black Caucus Fears Budget Cuts Could Hit Poor Minorities the Hardest

By Kevin McArdle
Millennium Radio


A group of legislators with the numbers to block passage of the Governor's budget proposal have a message for Jon Corzine: we had better be taken seriously as the final spending plan is hammered out. The New Jersey Legislative Black Caucus is concerned that planned cuts to hospitals and highe...

Thursday, May 08, 2008
As the Budget Deadline Approaches, Governor Corzine Hyper-Focuses on Passing a State Spending Plan..

As the Budget Deadline Approaches, Governor Corzine Hyper-Focuses on Passing a State Spending Plan in a Timely Fashion

By David Matthau
Millennium Radio


Remember the big State government shutdown of 2006?

When Jersey lawmakers couldn't agree on a budget, thousands of workers were kicked off the job, motor v...

Thursday, May 08, 2008
Budget cuts vex black legislators

By Tom Hester Jr.
Associated Press

TRENTON - A group of legislators with enough sway to hold up the state budget expressed worry yesterday that proposed cuts could make it harder for poor minorities to get health care and attend college.

The New Jersey Legislative Black Caucus said it agrees budget cuts are needed to help reso...

Thursday, May 08, 2008
Transportation advocates back DOT's $3.3B capital project plan

BY LARRY HIGGS
Asbury Park Press

The state Department of Transportation's $3.3 billion capital plan of major road, bridge and mass transit projects got good marks from an advocacy group for continuing to spend about 44 percent to fix deteriorated roads and bridges first.

A report released Wednesday by the Tri-State Transpo...














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