Speaking on "Meet the Press" and "Eyewitness News Up Close" Sunday morning, Corzine said people have lost confidence as the financial markets have slid in recent weeks and are hesitant to spend money.
Corzine says there's "no question" the unemployment rate will rise. He says his economic stimulus plan is designed to help New Jerseyans cope with the recession.
New Jersey Republicans say they'll announce their own economic stimulus initiative Tuesday.
