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From his statement:
“Such an important decision as how to best move forward
for New Jerseyans can only be understood and reasonably made when fairly
and fully compared to the overall value of the other options. Until the
federal government gives us all the necessary information, any other
action than this would be fiscally irresponsible. Thus far, we lack such
critical information from the federal government. I will not ask New
Jerseyans to commit today to a state-based exchange when the federal
government cannot tell us what it will cost, how that cost compares to
other options, and how much control they will give the states over this
option that comes at the cost of our state’s taxpayers.”
“Financing the building and implementation of a state-based exchange
would be an extraordinarily costly endeavor,” continued Governor
Christie. “While the federal governmental has enabled states to apply
for grant funding to cover some of the initial costs of such an
endeavor, the total price for such a program has never been quantified,
and is likely to be onerous. Without knowing the full scope of which
exchange option would be most beneficial and cost efficient for New
Jerseyans, it would be irresponsible to force such a bill on our
citizens.”
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