State deficit - Corzine says everyone is doing it!
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.


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.

Labels: Corzine, Corzine deficits, government waste, New Jersey Corruption, nj spending
2 Comments:
Corzine will be voted in November. Keep the pressure on him... join Americans for Prosperity and go to as many Tea Party's as you can. We will NOT TOLERATE HIGHER TAXES and we will NOT TOLERATE A LIBERAL SOCIALIST AGENDA. Conservativism is returning to New Jersey.
Meant to say Corzine will be voted OUT in November.
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