Cranbury Conservative
Joined: Tue, Apr 29 2008, 9:26 am EDT
Posts: 287
Location: Old Cranbury Road
|
 Posted: Fri, Nov 28 2008, 7:22 pm EST Post subject: New Video: Governor Corzine wants Local Governments to “Defer” Half of Their Cur |
 |
|
In a newly released video from Governor Jon Corzine he speaks about the current financial crisis which is facing our State.
In the video he specifically speaks about deferring contributions to employee pension funds...
"As our economy rebounds, we will again require 100 percent funding by 2012, and those payments will be larger in order to compensate for the deferral that is proposed today,"
In my opinion this is another example of the poor financial decisions which Governor Corzine and the rest of the Party in charge of Trenton have been making at the cost of taxpayers of New Jersey. Because deferring funds for pensions without cutting the size of our government in Trenton will only leave a bigger bill for us down the road.
You can view the Governors entire comments in the video below…
You Tube:
http://www.youtube.com/watch?v=_5jzvD4tWyo&eurl=http://cranburyconservative.blogspot.com/2008/11/new-video-governor-corzine-wants-local.html
On my blog:
http://cranburyconservative.blogspot.com/2008/11/new-video-governor-corzine-wants-local.html |
|
