Jon S. Corzine said Sunday that he would drop his proposal to turn a portion of Route 440 in Middlesex County into a toll road as part of his multibillion dollar package to restructure the state’s wobbly finances.
Mr. Corzine made his comments before a packed crowd of more than 700 people at East Brunswick High School in Middlesex County, which would have been most affected by the new toll road. “Since it’s not central to the plan, I don’t think we will be moving forward with that aspect,” he said.
Mr. Corzine’s decision to drop Route 440 from his plan was not expected to have much of an impact on his overall package: reducing the state’s $32 billion debt by half and financing transportation projects with higher tolls, while also tightening the ways Trenton can borrow and spend.
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