Atlantic City's emergency manager is recommending spending cuts, consolidation and privatization of some governmental functions as a way to get the financially struggling gambling resort back on its feet.
Earlier this week, with Atlantic City continuing to have major fiscal problems, state Senate President Steve Sweeney announced he was introducing legislation that would allow the state to take over operations of the city's finances.
Shape up or we’re coming in and taking over. That’s the message to Atlantic City officials from State Senate President Steve Sweeney (D- West Deptford), who’s introducing a measure that would give the state the power to assume control of AC’s finances.
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