Statement by Gov Corzine on Stimulus Bill

Governor Jon S. Corzine today made the following comments on the federal stimulus bills being considered by Congress:

�Both of the packages are significantly better than doing nothing.� There are pieces in each one that are preferable from our point of view.� The most important thing to do right now is get this package out into the economy.� There is an incredible recession in place.� We see it in the unemployment numbers last Friday.� We have seen it here in New Jersey.� The foreclosure problem continues.� The challenges for people in their everyday lives is really significant.

�Getting moving is essential because this is as much about confidence.� The public has a need to see that we can recognize a problem and act.� We came together in Trenton in October to address some of these things.� It�s not big enough to stand against the national program.� We need the federal government to act.�

Apart from his work on the federal stimulus, Governor Corzine has advanced several efforts of the economic assistance and recovery plan he introduced last October to stimulate New Jersey�s economy, combat hunger, provide home energy assistance, and take proactive initiatives to prevent home foreclosures � all in response to the slumping national economy.

(YWN Desk – NYC)

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