TRENTON – New Jersey Republican State Committee Communications Director Kevin Roberts today issued the following statement concerning the Moody’s Investors Service rating of New Jersey’s credit outlook as “negative”:
“Governor Corzine promised to move the state away from 'tax, borrow and spend' budgeting, because he claimed to know the negative consequences for the state. He broke that promise and now we are paying the price for his failed leadership with warning of a "negative" economic outlook. The governor is, to use his own words, playing ‘games with our fiscal house,’ cheating the people of New Jersey and shortchanging their future for his own political benefit. The old ways of doing business in Trenton must change, and that begins with electing a new governor."
“[Corzine] Will Move The State From A Pattern Of Tax, Borrow And Spend, To A New Paradigm: Invest, Grow And Prosper.” (Corzine for Governor 2005, “Jon Corzine’s Blueprint for New Jersey’s Economic Growth,” Campaign position paper, http://www.corzineforgovernor.com/i/pdf/plan_growth.pdf)
“[W]hen we play games with our fiscal house, when we use budget gimmicks instead of making hard choices, all we do is cheat the people of New Jersey and shortchange their future.” (Jon S. Corzine, speech. March 22, 2005 “Invest, Grow, And Prosper,” http://www.corzineforgovernor.com/speech/view/?id=84)