AP: NJ governor signs nearly $33B budget

6/30/2008, 3:02 p.m. ET
By TOM HESTER Jr.
The Associated Press   

TRENTON, N.J. (AP) — New Jersey Gov. Jon S. Corzine Monday signed a nearly $33 billion state budget that slashes funding for key services, though Republicans noted it leaves an impending transportation funding crisis unresolved.

Corzine signed the budget less 10 hours before the state's July 1 constitutional budget deadline.

...

Liberal-leaning groups also decried the budget. Eva Bonime, coordinator of the Better Choices Budget Campaign, which includes community, labor, housing, health and environmental groups, said the budget is a disservice. The coalition proposed avoiding cuts by increasing corporate taxes and income taxes on the wealthy.

"The failure to make needed investments in vital services like higher education, roads and health care will reduce the quality of life for all New Jersey residents," Bonime said. "Cuts to municipal aid will drive up local property taxes."
 

Originally published here: http://www.nj.com/newsflash/index.ssf?/base/news-32/121482894112050.xml&storylist=jersey\