Franks to head Corzine’s debt reduction campaign

Gov. Jon Corzine has named former GOP Rep. Bob Franks, his opponent in the 2000 U.S. Senate race, to serve

Gov. Jon Corzine has named former GOP Rep. Bob Franks, his opponent in the 2000 U.S. Senate race, to serve as Chairman of a grass roots effort to build voter support for his Financial Restructuring and Debt Reduction Plan outlined in yesterday’s State of the State address.

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"A little over seven years ago Congressman Franks was my opponent in the race for U.S. Senate and today he joins us in what could prove to be our most important fight," Corzine said. "Bob's extraordinary leadership skills in this endeavor to help right New Jersey's financial ship is a shining example of the fact that our financial challenges do not know party lines and that our solutions shouldn't either."

A former GOP State Chairman, Franks has served as President of the Health Care Institute of New Jersey since leaving Congress in 2001.

"You may ask how a fiscally conservative Republican like myself could find common ground with a liberal Democrat like Jon Corzine," said Franks. "The answer is simply that the governor has broken with tradition in Trenton and declared that we have to transform the way we handle the state's finances. My grandfather taught me a long time ago that when you find yourself in a deep hole, the first rule is to stop digging."

Franks to head Corzine’s debt reduction campaign