Wake-Up Call: Tuesday, September 30, 2008

As Wall Street smoke clears, Corzine expects more budget cuts Hundreds of millions of dollars may need to be sliced

As Wall Street smoke clears, Corzine expects more budget cuts

Hundreds of millions of dollars may need to be sliced from the state's current budget as New Jersey grapples with the fallout from the Wall Street crisis, Gov. Jon Corzine said yesterday. (Claire Heininger, The Star-Ledger)


How N.J. congressmen voted on the bailout

House leaders in both parties urged their members to approve HR 3997, the bill authorizing the Treasury to spend up to $700 billion acquiring shaky assets from weak financial firms to prop up the economy. But the vote split both parties, with more than two-thirds of Republicans and 40 percent of Democrats joining to defeat the bill. (The Star-Ledger)


Hudson County divided

Hudson County's congressional delegation was split on yesterday's vote that sent the $700 billion financial bailout and the stock market down in flames. (Paul Koepp, The Jersey Journal)


Jersey delegation reacts to bailout rejection

New Jersey's delegation split on the financial bailout proposal that the House rejected today, with some conservative Republicans and liberal Democrats joining together in opposition. (Herb Jackson, The Bergen Record)


Zeitz puts focus on the economy

Josh Zeitz has a tall task in front of him, a task at which 13 other Democrats have not succeeded: unseating Rep. Chris Smith. (Andrew Kitchenman, Trenton Times)


Zimmer says Lautenberg didn't deliver promised earmarks

U.S. Sen. Frank Lautenberg, D-N.J., is unable to deliver about $185.8 million in federal spending promised in press releases because Congress will not fund them this year, rival Republican U.S. Senate candidate Dick Zimmer said in a press release Monday. Zimmer said he would work to close the earmark process if elected. (Press of Atlantic City)


N.J. and feds tangle in court over kids' health care rules

A U.S. District Court judge heard arguments yesterday on whether a federal agency acted unlawfully when it told New Jersey to restrict its program for providing health insurance to children in lower-income families. (Robert Schwaneberg, The Star-Ledger)


Court shoots down law limiting gun purchases

A state appeals court yesterday struck down a controversial Jersey City law seeking to limit the number of handguns people can buy. (Kate Coscarelli, The Star-Ledger)


White House counsel coming to raise money for Garrett

White House counsel and former Republican National Committee Chairman Ed Gillespie will come to Bergen County tomorrow to raise money for U.S. Rep. Scott Garrett (R-Wantage). (PolitickerNJ)


Democrats want audit of clerk's account

Berkeley Mayor Jason J. Varano, the Democratic candidate for Ocean County clerk, on Monday raised questions about Republican incumbent Carl W. Block's fiscal management of the office, especially targeting the clerk's dedicated trust fund. (Erik Larsen, Asbury Park Press)


Bryant requested funds, official testifies

A few months after former New Jersey State Sen. Wayne Bryant was hired at the School of Osteopathic Medicine, he called a meeting in the governor's office. (Troy Graham, Philadelphia Inquirer)


Pension reforms are signed into law

Lincoln's Birthday will no longer count as a paid holiday, retirement will come at age 62 instead of 60 and the minimum salary to qualify for a pension will increase for new state employees under a series of reforms signed into law yesterday. (Claire Heininger, The Star-Ledger)


LioBiondo, Andrews split on bailout

U.S. Rep. Frank LoBiondo, R-2nd Dist., spent the weekend talking to constituents opposed to the Wall Street bailout, and on Monday he helped kill the financial rescue plan. (Jessica Coomes, Gloucester County Times)


Smith lands advantageous position in clerk's ballot drawing

JERSEY CITY – Police Director Mark Smith took the pole position here today in a ballot drawing for the special electionto be held Nov 4th for Bayonne mayor. (PolitickerNJ)


Fourth hearing set on toll hikes

TRENTON — After three public hearings and comments from citizens and interest groups ranging from enthusiastic to incensed, the New Jersey Turnpike Authority will hold an additional hearing on proposed toll increases and indicated Monday the size of the toll hikes may be "recalibrated." (Gannett)


Deep cuts proposed in Millville budget

MILLVILLE — City commissioners introduced a proposed fiscal year 2008-09 budget Monday that keeps the municipal purpose tax rate stable but sees a deep cut in spending. (Joseph P. Smith, The Daily Journal)


Ballot positions drawn for five mayoral hopefuls

Mark Smith is in the lead post position, Patrick Conaghan is on the outside post, and Richard Rutkowski, Robert Sloan and Raymond Rokicki are squeezed between them. (Ronald Leir, The Jersey Journal)


Varano, Block spar over spending

NEPTUNE — Berkeley Mayor Jason Varano, the Democratic candidate for Ocean County clerk, today criticized spending in the clerk's office by incumbent Carl W. Block, saying that the department was purchasing frivolous items and there was not enough fiscal oversight. (Erik Larsen, Asbury Park Press)


Capuana focuses on his experience

PASSAIC — Vincent Capuana calls himself the best negotiator in town. He says he'll fight for the little guy and his supporters believe his 40 years of experience in city government make him the best man to be mayor. (Meredith Mandell, The Herald News)



  Wake-Up Call: Tuesday, September 30, 2008