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Atlantic City is going of money, also it’s additionally quickly running out of time.

State Assembly Democrats were scrambling on Friday to decide how to continue in providing financial aid towards the resort gambling town that is cash-strapped. The Senate, also controlled by the Democrats, has already authorized legislation aligned with Republican Governor Chris Christie, to seize governmental responsibility for Atlantic City.

New Jersey Governor Chris Christie, seen here with State Senate President Stephen Sweeney, left, has gotten in to a bitter discussion with Atlantic City Mayor Don Guardian, appropriate, on the best way to rescue the town.

But Assembly Democrats aren’t in love with the idea, specifically Assembly Speaker Vincent Preito, who prefers a rescue bill that would give AC couple of years to demonstrate progress or face a state takeover.

‘It’s unfortunate that Gov. Christie has failed to use his existing authority to simply help Atlantic City,’ Preito said in [...]

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