 The shutdown ended on July 3, 2017.During the 2005 gubernatorial election Corzine, a former executive at Goldman Sachs, claimed he was "not encumbered by an old culture, historical entanglements and the status quo" and had a plan to use his experience to overhaul the budget process and trim spending.When he introduced his first budget as governor, the $30.9 billion plan included $2 billion in spending cuts as well as increases in taxes on tobacco, alcohol, and luxury cars.