Gubernatorial candidate: I will end Atlantic City takeover

A Democratic candidate for New Jersey governor says he’ll cancel the state takeover of Atlantic City if he is elected next year.

Phil Murphy spoke Friday in the gambling resort, where he received the endorsement of Democratic political leaders and African-American clergy.

Republican Gov. Chris Christie’s administration seized power Wednesday over Atlantic City’s assets and major decision-making after determining the city is unable to make the hard choices needed to stabilize its finances and pay off its half-billion-dollar debt.

Murphy says an austerity plan proposed by the city should be given a chance to work.

Murphy is a multimillionaire former chairman of Goldman Sachs. He elbowed most potential Democratic opposition out of the way a year before the election.

Want a digest of WHYY’s programs, events & stories? Sign up for our weekly newsletter.

Help us get to 100% of our membership goal to support the reporters covering our region, the producers bringing you great local programs and the educators who teach all our children.