State deficit – Corzine says everyone is doing it!

Posted on 15 May 2009

Jon Corzine made a comment meant to suggest that New Jerseys fiscal woes a the same saying “almost every state is in the same situation”. Do the facts back him up(from CBPP)?

So, while many states have deficits, they all do not. And while many states are revising their numbers (these were prior to most states evaluating their revenue collection for 2008), it is not all states. As a matter of fact, 29 states have budget deficits. 21 do not. And 7 states have a deficit in excess of 10 percent of their budget, New Jersey being one of them.

So maybe Governor Corzine should say “7 states have completely failed in their fiduciary responsibility to the taxpayers and we are one of them”. That would be a lot more accurate.

Add to Technorati Favorites


Category: Corzine, Corzine deficits, New Jersey Corruption, government waste, nj spending

No responses yet. You could be the first!

Leave a Response

Recent Posts

Tag Cloud

2011 All Star Game 2011 Budget 2011 NJ Budget Atlas Shrugged Boehner Bush Tax Cuts Chicago Blackhawks Christie veto congressional primaries debt deal democrat Democrat hypocrisy Democrat lies on taxes Flyers Greenwald Heritage foundation analysis intolerance liberal lookup tea party events mayor MLB nj budget nj democrats NJEA NJ Tea Party obamacare political ignorance primary day Rei rob parisi school budget school budgets Schumer socialism Stanley Cup state spending susan mccartney taxes tea party Tea Party Patriots town council trentonian Venezuela vic cirilo west orange

Meta

NJ Tax Revolution is proudly powered by WordPress and the SubtleFlux theme.

Copyright © NJ Tax Revolution