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Gov vetoes jobs bills, citing costs

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New Jersey Gov. Chris Christie vetoed 14 bills meant to spur jobs creation on Friday, saying the sponsors failed to identify any money to pay for the business tax breaks and incentives they approved.

The bills provided financial incentives to spur job growth in a state where unemployment remains above 9 percent. Collectively, the bills would have cost $600 million in lost revenue the first year and billions of dollars over time, the governor said. http://bit.ly/hya38k

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