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Governor Formally Rolls Out Plans

TRENTON-Terming the current climate 'one of the greatest challenges we will ever confront,' Corzine tells legislators how he wants to confront it.

By Eric Peterson | Updated on October 17, 2008

TRENTON-As the keynoter at yesterday’s RealShare New Jersey conference, Gov. Jon Corzine’s new economic development chief, Jerold Zaro, previewed a slew of initiatives aimed at helping businesses and homeowners in New Jersey, set to be offered up by the administration. Later that day, Gov. Corzine spelled out those initiatives in greater detail.

“Today we squarely face one of the greatest challenges any of us will ever confront in our public lives,” Corzine said, addressing a special joint session of the legislature. “Our state, and this nation, are in the throes of the worst economic crisis since the Great Depression.

“The proposed plan addresses four broad concerns,” Corzine said. “First, it provides assistance to those in greatest need. Second, it directly supports short-term employment and economic activity. Third, it works to enhance the state’s business climate and economic development. Finally, it addresses our obligation to remain fiscally responsible.”

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