Senator Joseph Pennacchio, a member of the Senate Budget and Appropriations Committee, sent a letter to Treasurer David Rousseau seeking details of Governor Corzine’s plan for refinancing state bonds. The governor’s 2010 budget includes $361 million in “savings” from an unspecified debt restructuring. The treasurer has so far provided no details of how much debt will be restructured, how it will be accomplished or how much it will cost taxpayers.
Assemblywoman Addiego and Assemblyman Rudder Will Host the Meeting Discussing the State’s Budget Crisis and the Impact of COAH on Local Property Taxes
Assemblywoman Dawn Marie Addiego and Assemblyman Scott Rudder will host a Town Hall Meeting from 7 to 8:30 p.m. on Wednesday, March 18, at the Mount Laurel Library at 100 Walt Whitman Avenue.
“Residents have lots of questions and concerns about Governor Corzine’s proposed budget, and with good reason,” said Assemblyman Rudder. “There’s plenty to be worried about, and we’re going to give taxpayers a chance to express their fears and get some answers.”
Senator Joe Pennacchio (R-Morris/Passaic), a member of the Budget and Appropriations Committee, issued the following statement today in response to the Department of Community Affairs notification to towns of State municipal aid amounts and permitted pension payment deferrals.
Committee Testimony Highlights Need to Put New Jersey Businesses 1st in Line for Infrastructure Project Contracts
Connors, Rumpf & Van Pelt Say Their Legislation Is Needed to Jump-Start State’s Economy
Senator Christopher J. Connors, Assemblyman Brian E. Rumpf and Assemblyman Daniel M. Van Pelt reiterated their call today for State action to ensure that New Jersey businesses receive preference in the awarding of State contracts for infrastructure projects.
Senate Republican Leader Tom Kean (R-21) responded to a report in Crain’s Insider titled “Nearby states doing worse than New York.” The March 13, 2009 report, published in the highly respected and influential business publication, noted that New Jersey experienced a 6.8% drop in tax revenue in the 4th quarter of 2008, while New York experienced a dramatically lower reduction of just 0.2%, despite serious problems in the financial sector.
Supporting the Campaign Started by 101.5′s ‘The Jersey Guys,’ Legislators Will Deliver Wallets Collected from Constituents to the Governor’s Desk with the Message ‘There’s Nothing Left’
Assemblywoman Dawn Marie Addiego and Assemblyman Scott Rudder said they will be collecting empty wallets to deliver to Governor Corzine’s desk in protest of his insistence on balancing the budget on the backs of property taxpayers.
“For years, the Corzine administration has been forcing property taxpayers to bear the burden of Trenton’s spending spree, but after his budget speech this week, middle class taxpayers fear they may be left with nothing but an empty wallet,” said Assemblywoman Dawn Marie Addiego.
Bucco: False Scatological References Aside, Governor Corzine, the Debate Is About the Priorities of Middle-Class New Jersey
Senate Republican Budget Officer Anthony Bucco said this in response to state Treasurer David Rousseau’s vulgar and inaccurate attack on past Republican initiatives. These proposals would have generated surpluses that could now be used to keep jobs in New Jersey and prevent taxes on hard-working families from soaring during a recession:
“It’s obvious that the treasurer’s election-year attempt to discredit Republicans was crude and inappropriate. What may not be obvious to some is that the treasurer’s statement is demonstrably false.
Senate Republican Whip Kevin O’Toole of Cedar Grove wonders if Governor Jon Corzine has ever totaled the cost of the burdens he has loaded onto the backs of New Jersey’s middle class during his three years in office.
“This year, Governor Corzine wants to raise taxes by more than $420 million by eliminating the middle class tax deduction for property taxes. He wants to raise the costs of owning a car or boat or motorcycle by as much as $60 million by raising fees charged by the Department of Motor Vehicles. He plans to raise sales taxes on some products by $40 million.
This Is the First Time Any New Jersey Lawmakers Have Waived a Portion of Their Salaries
Assemblywoman Dawn Marie Addiego and Assemblyman Scott Rudder today announced they will take the unprecedented action of waiving 10 percent of their legislative salaries in response to the New Jersey’s fiscal horrors.
“Every resident of New Jersey is being asked to take a hit to the wallet, and as legislators, we should not be immune. We need to be leading by example,” said Assemblyman Rudder.
The untimely and tragic death of an Oceanport girl is the inspiration for a joint resolution sponsored by Senator Jennifer Beck and Assemblyman Declan O’Scanlon that designates the month of May as “Brain Tumor Awareness Month”. It was recently approved by the full State Senate and now awaits Governor Jon Corzine’s signature.