borrowing

Lance Urges Governor to Drop School Borrowing Plans

Release Date: May 22 2008

Corzine Should Keep Pledge to Seek Voter Approval for New Debt

Extra $1 Billion Demonstrates Why Voters Need to Approve All Borrowing

Release Date: Mar 10 2008

Senator Leonard Lance (R-23), the Republican Budget Officer, responded to the introduction of legislation that would allow the New Jersey Economic Development Authority to borrow $3.5 billion for school construction without voter approval. The legislation, S-1457, was introduced by Senators Turner and Rice on March 6.

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