More than half of New Jersey residents polled in a recent survey said they oppose Gov. Jon Corzine’s proposal to boost tolls by 50% to help pay down state debt and fund transportation infrastructure.

Monmouth University Polling Institute yesterday released the polling results, just one week after the governor announced his debt restructuring plan. That initiative involves the state forming a public benefit corporation that would sell nearly $37.6 billion of debt backed by toll increases, with the bond proceeds defeasing half of the state’s more than $30 billion of outstanding debt, paying down toll road bonds, and financing transportation infrastructure needs throughout the state.

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