Senator Joe Kyrillos, R-Monmouth, said the gut-wrenching news that New Jersey’s unemployment rate has surged to 9.7 percent is more proof that Jon Corzine’s half-hearted attempts to spur economic development were much too little, much too late. Now the governor needs to call an immediate special session to completely revamp New Jersey’s plans for economic development so that the state can finally begin to help struggling businesses create jobs. The rate is the highest since April 1977.
“It’s incredible. New Jersey, once the economic powerhouse of the East Coast, has become a drag on the regional economy,” Senator Kyrillos said. “Every single neighboring state has a far lower rate of unemployment than New Jersey does. The governor should apologize for his failure to act and call a special session.
Senator Robert Singer, the senior Republican member of the Senate Health, Human Services & Senior Citizens Committee, expressed concern today about a recently announced proposal in the US Senate Finance Committee that could dramatically increase the premiums that New Jersey families pay for health insurance. The bill is schedule to be introduced today and marked up in the Finace Committee next week; it is sponsored by Montana Senator Max Baucus.
Senator Joe Pennacchio, a member of the Senate Budget and Appropriations Committee who represents Morris and Passaic counties, noted sadly that it has been one year since he first asked for answers about the state’s $118 million loss on an investment in Lehman Brothers.
The $180 million investment came less than four months before Lehman, one of the largest Wall Street investment banks, went bankrupt. The Corzine administration has released almost no details of how the decision was made to put retiree savings and taxpayer contributions into a Wall Street bank that was widely reported to be teetering on the brink of bankruptcy.
Senator Diane Allen (R-Burlington, Camden) called on Governor Jon Corzine to stop diversions of money from the state’s Clean Energy Fund. A published report in The Press of Atlantic City indicates that $30 million has been diverted from the fund since July 1, 2009.
The fund, which is financed by rate payers through the societal benefits charge added to every utility bill in the state, provides capital for renewable energy programs and supports the Lifeline Program and the Low Income Energy Assistance Program.
Legislation Sponsored by Haines, Addiego & Rudder Signed into Law
A bill sponsored by Sen. Phil Haines, Assemblywoman Dawn Marie Addiego and Assemblyman Scott Rudder to help smooth the transition from the military base to the college campus for New Jersey’s veterans has been signed into law.
“We owe a great deal to our veterans who have volunteered to fight for our country. Their military training has prepared them for the challenges on the ground in places like Iraq and Afghanistan. This new law will help them adjust to a tour-of-duty as a civilian on a college campus,” said Assemblyman Scott Rudder.
The 12th District Legislators are pleased to announce the signing into law of a bill that will rename the bridge carrying Route 9 over Throckmorton Street in Freehold Township as “Corporal Philip A. Reynolds Memorial Bridge.” The signing took place Sunday, September 13th at 3 p.m. at Middlesex County College.
Connors & Rumpf Meet with Turnpike Authority to Discuss a “Park-N-Ride” at Exit 58 in Little Egg Harbor
Senator Christopher J. Connors and Assemblyman Brian E. Rumpf recently met with representatives from the New Jersey Turnpike Authority to discuss building a “park-n-ride” located near Garden State Parkway Exit 58 in Little Egg Harbor.
Senator Connors and Assemblyman Rumpf, who serves as the ranking Republican member of the Assembly Transportation, Public Works and Independent Authorities Committee, made the following remarks regarding their meeting:
In response to a complaint filed last week by the Advisory Committee on Judicial Conduct against Judge Steven Perskie, of Atlantic County, Senators Gerry Cardinale (R-Bergen) and Jennifer Beck (R-Monmouth) voiced concern with the vetting process of judicial nominees and the lack of time allotted to fully review each candidate. The process must be reformed so that the committee has enough time and resources to fully review a candidate the Senators commented.
State Police’s Uniform Crime Report Indicates Overall Crime Has Increased in 28 Municipalities in Burlington County
Assemblywoman Dawn Marie Addiego and Assemblyman Scott Rudder are calling on Attorney General Anne Milgram to help county towns battle a disturbing increase in crime and violence by allocating federal stimulus money to local law enforcement.
In June, the 8th District legislators wrote to Milgram requesting federal stimulus money to fight crime in Burlington County. That letter and their curent letter to the Attorney General are included below.
State Senator Joe Pennacchio (R – Morris/Passaic) was joined in Trenton today by various state and national taxpayer groups in support of his Transparency in Government Act. They called on the Corzine Administration to fulfill its commitment to transparency.
The participants included: Americans for Tax Reform, Sandra Fabry from the Center for Fiscal Accountability, Jerry Cantrell and Neil Coleman from the New Jersey Taxpayers Association and Parsippany Council President John Cessaro.