Senator Steven Oroho (R-Sussex, Warren, Morris) issued the following statement regarding the Governor’s budget address and the upcoming legislative budget season:
“The Governor has again laid out a fiscally responsible spending plan that holds discretionary spending in line and makes a record pension payment without any new taxes,” said Oroho, a member of the Senate Budget and Appropriations Committee. “The continued improvement in New Jersey’s private-sector job growth is a testament to the success that can occur under this pattern of prudent budgeting and smart economic policies.”
In upcoming budget process we must prioritize continued efforts to advance NJ's competitive economic position.https://t.co/ueaEA6vDpI
— Senator Steven Oroho (@stevenoroho) February 16, 2016
“I echo the governor’s hopeful budget message and, over the coming months, I look forward to working with both him and my legislative colleagues to tackle the serious issues facing New Jersey,” said Oroho. “Through it all it is imperative that we prioritize continued efforts to advance New Jersey’s competitive economic position.
“Our state’s families and business owners are looking for our leadership in creating a more affordable New Jersey. Lowering costs, like eliminating the estate tax and raising the retirement income exclusion for retirees, that force residents and businesses out of the state will increase New Jersey’s ability to compete for jobs and revenue with neighboring states and will help attract capital investments in our communities. Additionally, we need to look at allowing state charitable deductions to benefit our nonprofits. Taking these steps to strengthen New Jersey’s competitive economic position will spur the economic growth that’s needed to address the fiscal issues facing our state.”