There’s a hole in the budget…
dear gov-na, dear govna…
I don’t mean to belittle the problem by reducing it to a children’s song, but it does seem like we’ve heard this tune before, doesn’t it?
In fact, with a mandate to keep to the budget balanced, Corzine has been forced to cut spending midyear now by more than $4 billion.
How will he do it this time around? cut into surplus, cut departments and defer pension and school aid payments until the next fscal year.
Republicans immediately seized on this as failing to solve the problem, arguing that he is kicking the can so that hard decisions will need to be made next year. Perhaps not coincidentily, those tough decisions would need to be made without the backdrop of what could be a tough re-election for Corzine.
Unperecented economic recession? Sure. The Governor even poked fun at himself the other day for always saying “economic tsunami.” There is truth in that, obviously. The whole situation is a mess, much of which was beyond his making.
But as Republican critics also point out, when he argues that all options are on the table, apparently that doesn’t include special municipal aid to cities such as Jersey City and Newark.
Speaking of which, a big win for Jerramiah Healy in JC gives him allotta clout heading into this election. Corzine is gonna need Healy to deliver him Dem votes bigtime in November. Healy’s stock has definitely gone up, not only for winning the election without a runoff, avoiding a challenge from Sandra Cunningham ( who may well have beaten him ), but Healy also got on that Obama train pretty early.
Anyway, I don’t mean to go off on a tangent here, but don’t expect the Governor to be cutting back aid to cities anytime soon. And look for Healy to get something else before the November election. To quote the former President, Healy’s “got some capital now…and he intends to use it.”