Phi Beta Cons

Re: Day of Reckoning

Then again, that’s Jon Corzine saying those things. Corzine, who after mere days with the mantle of the Garden State proposed raising New Jersey’s sales tax for the first time in more than a decade, extending it to services, reneging on a campaign promise not to extend the property tax, and of course a yet-heavier tax on cigarettes, the perennial enemy. State universities certainly need to face more spending scrutiny, but Corzine, who sees corruption in one of the nation’s highest-ranked universities but, blind and dumb astride the meadowlands, can find nary a scratch in the state government’s own massive bureaucracy, looks like he’s just flinging blame wildly.
He’s also now saying that, when any additional revenue is found, the $169 million taken away from higher education will be the first to be replaced.

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