NEW YORK, NY February 24, 2008 —New Jersey Governor Corzine is set to unveil his state budget proposal this week. Three individuals familiar with the budget tell the Star-Ledger that Corzine will become the first New Jersey governor in a decade to propose cuts in total spending. They say his plan includes no new taxes, and would shrink the state payroll by as many as 5,000 jobs, eliminating three departments. Property tax rebates could also be slashed. People who rely on Medicaid could have to pay more for their health care. State park hours could be reduced, along with museum offerings. The state is spending $33 billion this fiscal year; Corzine has said the state will spend no more than that in the fiscal year that starts on July 1st.