Report: New Jersey debt grew by $1.3B in 2009

December 10, 2010 3:59:11 AM PST
A new study reportedly shows New Jersey's debt grew by $1.3 billion last year.

According to the Wall Street Journal, a state treasury report says the increase brought its total debt to nearly $33 billion.

The report says the spike was mostly due to road repairs and school construction.

On Thursday, Governor Chris Christie blamed recent borrowing on projects initiated under his predecessors.

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