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Lottery outsourcing bid, looming unemployment surcharge top legislative agenda

At today’s hearing, Assembly Budget Chair Vincent Prieto (D-Secaucus) said “it’s getting a little frustrating” that state Treasurer Andrew P. Sidamon-Eristoff and New Jersey Lottery Executive Director Carole Hedinger declined an invitation to appear before the committee, which ultimately advanced one bill that would require legislative approval of any lottery management bids and another bill ...

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Development backers cheer plan to overhaul incentives

A bill set to be introduced Monday would consolidate five incentive programs into two, according to a report this week in the Wall Street Journal. The Economic Redevelopment and Growth Grant would be kept and modified, while the Grow New Jersey program would be revised to integrate pieces of the Urban Transit Hub tax credit, ...

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UPDATED Hunts Point says no deal reached to stay in N.Y.

“At our board meeting on Tuesday, January 8th, our board voted to reject an offer from the City of New York to modify the current lease extension terms at our location in the Bronx. A story from Tuesday afternoon has incorrectly indicated that the co-op has reached a ‘tentative’ agreement with the city in regards ...

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Christie touts N.J.’s strong spirit post-Sandy defends economic record in State of State speech

The governor praised the bipartisan cooperation in Trenton in the wake of Sandy and called on Congressional leaders in Washington to adopt the same spirit and pass a federal aid package for Sandy’s victims. “One thing I hope everyone in America now clearly understands – New Jersey, both Republicans and Democrats, will never stand silent ...

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Senate Dems attack Christie ahead of speech

Senate President Stephen Sweeney (D-West Deptford) and other Democratic leaders held a press conference Monday to highlight what they said were the governor’s economic failures. Sweeney said the unemployment rate remains higher than the national average, cresting at a 35-year high in August, when the rate hit 9.9 percent. The current rate is 9.6 percent.“Despite ...

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