Posted on 01/25/2005 5:54:56 AM PST by Calpernia
New Jersey Republicans are taking the Codey administration to task over a proposed idea to lease state toll roads.
Acting Governor Codey is exploring the possibility to help plug a looming four (b) billion-dollar budget deficit.
Under such a deal, the state would get a one-time payment from a company, which would take over the operation and maintenance of the highway in exchange for keeping toll revenues.
But Senate Minority Leader Leonard Lance, a fiscal conservative, said doing so would allow New Jersey's state government to continue to live beyond its means.
A Codey spokeswoman says it's an idea under consideration, but there are still a lot of questions that need to be answered.
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