“Our State has been brought to its knees and we are on the brink of insolvency.
“A recession was a major factor. But the policies of Democrat governors and past Democrat Leaders of the Legislature made things worse. The problem is spending, Even a former Democratic Treasurer acknowledged that this state has a ‘spending problem’ not a revenue problem.
The five Republican members of the Senate Budget and Appropriations Committee, Republican Budget Officer Anthony Bucco and Senators Pennacchio, O’Toole, Oroho and Doherty, issued the following statement regarding the state of the Fiscal Year 2011 budget:
“Years of serial fiscal mismanagement have brought us to this point. Too many administrations have taxed, borrowed, spent and deferred until the citizens of this state could take no more.
The 12th District Legislators are very pleased to announce that the Borough Councils of both Tinton Falls and Eatontown have passed resolutions of support for S-917/A-597, which would create the Fort Monmouth Economic Revitalization Authority to implement the redevelopment of Fort Monmouth after its planned September 2011 closure.
Senator Jennifer Beck, who sponsors the bill, has been working diligently with local leadership on crafting the specifics of the legislation so that the needs of the local municipalities are met.
The following statement was released by State Senator Joseph Pennacchio (R-Morris Passaic) a member of the Senate Budget and Appropriations Committee:
“For eight years, Democrats under McGreevey and Corzine taxed, borrowed and spent our state almost into fiscal oblivion. The last Republican budget, under Governor DiFrancesco, had a $1 billion surplus. Under Democrat control – total control, spending has doubled, debt tripled and taxes have been raised over 113 times by $7 billion a year. With all the taxing, borrowing and spending, New Jersey still found itself with an $11 billion budget hole for Fiscal Year 2011.
The following is an editorial by Senator Joe Pennacchio of New Jersey’s 26th legislative district:
Since I entered the State Legislature in 2001, I have consistently voted against raiding our state’s Unemployment Insurance Fund. I argued that those raids would cause deficiencies in the fund during periods of recession when they would be needed the most. Unfortunately, I was right.
New Jersey has had to borrow money from the Federal Government just to meet current benefit obligations. We currently owe $1.4 billion. Some would say that the answer to our current deficit is to borrow more and increase taxes. This approach is irresponsible and would just postpone and prolong the problem leading to a debt of more than $4 billion in just one year, and would postpone the fund’s solvency until 2019.
Senator Andy Ciesla and Assemblymen Dave Wolfe and Jim Holzapfel (all R-10) were dismayed to learn that residents of Ocean County do not qualify for federal assistance to relieve any damages obtained during the March 12, 2010 storm that severely hit the coastal areas of New Jersey.
FEMA announced that federal disaster aid has been made available to the State of New Jersey to supplement state and local recovery efforts in the areas affected by the severe storms and flooding.
Tom Kean Encourages New Jersey Residents to Be Counted and Help Their Communities
Senate Republican Leader Tom Kean (R-21) encouraged New Jersey residents who have not yet completed and returned their census forms to do so in recognition of National Census Day. The 2010 United States Census is designed to take a snapshot of the country’s population as of April 1, 2010, which has been designated National Census Day.
“The results of the 2010 United States Census will help the federal government to make better decisions on how to allocate more than $400 billion of funding that is distributed annually to serve the public,” said Kean. “The census helps all levels of government to better plan and prioritize important projects, like building roads, hospitals and senior centers.”
12th District Legislators Call for Investigation of Possible Consumer Fraud in Case of Bridal Shop Closure
The 12th District Legislators call upon New Jersey Attorney General Paula Dow and Acting Director of Consumer Affairs Sharon M. Joyce to investigate the possibility of consumer fraud against the owner of Enzo’s Bridal, Manalapan, which suddenly closed last week while still processing orders.
Senator Jennifer Beck, Assemblyman Declan O’Scanlon and Assemblywoman Caroline Casagrande were shocked to learn that Enzo’s Bridal, located on Route 9, left so many brides-to-be in the lurch, many apparently without any notice.
Senator Mike Doherty, a member of the Senate Budget and Appropriations Committee, issued the following comments regarding the release of a Fairleigh Dickenson University/Public Mind poll quantifying the widespread public opposition to the $300 million tax break being offered to the Morgan Stanley Revel hotel project.
Doherty to Introduce Legislation Barring Any State Employee’s Pay from Exceeding the Governor’s Salary
Senator Mike Doherty, a member of the Senate Budget and Appropriations Committee, announced that he is drafting new legislation that would prohibit any state employee from making more than the governor.
“It is simply ridiculous that an employee of the state would qualify for a higher salary than the governor,” Doherty began. “The Governor of the State of New Jersey has by far the hardest job in the state and the most responsibility. The state payroll should reflect that fact.”