Bob Franks To Lead Fiscal Restructuring Plan Push

by: Juan Melli

Wed Jan 09, 2008 at 10:48:22 PM EST

"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."

"The financial restructuring and debt reduction initiative put forward by Governor Corzine has, at its core, the reforms necessary for New Jersey to get back on the right fiscal track," said Franks. "These long overdue, common sense reforms should not be held prisoner to partisanship"