Backers of $750 million bond for NJ colleges and universities rally
Supporters of a $750 million bond to fund building and renovation projects at New Jersey’s colleges and universities say the initiative could create as many as 10,000 jobs in the construction trades.
They rallied at Rutgers University in New Brunswick on Monday to support the referendum, which will be at the bottom of a crowded presidential ballot next month.
New Jersey Senate President Stephen Sweeney said he realizes that people are reluctant to approve spending in an off economy but he said the bond, which had overwhelming bipartisan support in the Legislature, is about jobs as well as much-needed facilities for the schools.
“It’s always easy to vote down spending but this is something we can’t afford not to do,” said Sweeney, D-Gloucester. (Alex, The Record)
