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New Jersey's Christie Calls for Takeover of Atlantic City

New Jersey Governor Chris Christie said Tuesday that the state would assume vast control over Atlantic City's finances and decision-making, contending that the seaside gambling resort was incapable of getting its finances together after years of overspending. Christie, a Republican presidential candidate, was joined by the Democratic leader of the state Senate, who has already introduced a takeover bill, and the Republican mayor of Atlantic City, who reluctantly went along with the...

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