Gov. Jon S. Corzine has spent months arguing the state must tackle mounting debt, yet supports plans to borrow $650 million for stem cell research and open space preservation that new studies show would mean a 'significant' debt increase.
Under plans approved by the Legislature, voters would be asked in November whether to authorize borrowing $450 million for stem cell research and $200 million for open space preservation at a cost to taxpayers of up to $52 million per year.
