Tuesday, July 10, 2007

Goldstein pens story about potential rate hikes

NJBIZ reporter Scott Goldstein works the statehouse beat for his publication. In the July 9 edition of NJBIZ, in a story titled "Corzine Likely To Seek Higher Tolls," it discusses how drivers could pay more under a forthcoming monetization plan.

In his story, Goldstein spoke with Philip Kirschner, president of the New Jersey Business and Industry Assn. Mr. Kirschner was quoted in the piece as saying, "We have been led to believe they are going to propose toll hikes that are close to inflation increases, somewhere in the neighborhood of 2.5 percent to 4 percent. If that's true, reaction will be muted. Increases higher than that will be tough for both business people and residents to swallow. They will want to know what they are going to get for it."

The story appears on Page 3, and jumps to Page 10, and it's worth the reading. This is a well-researched and written piece that deserves some attention. Click on the headline to go to www.njbiz.com.

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