AC mayor: State takeover plan 'a fascist dictatorship'

Atlantic City Mayor Don Guardian says a proposed state takeover of his city is "a fascist dictatorship."

He says he is lining up other state lawmakers to introduce a different financial recovery bill that would be a true partnership between the cash-strapped city and the state.

Senate President Steve Sweeney has introduced a bill that would give the state vast control over Atlantic City's finances, including the right to cancel union contracts, sell city assets and land, and declare bankruptcy.

Gov. Chris Christie has supported a state takeover, saying the gambling resort spends too much and needs to get its finances in order.

The mayor says the city could run out of cash within the next two months.

State officials had no immediate response to Guardian's comments.