(TRENTON) — Assembly Budget Committee Chairman Louis D. Greenwald (D-Camden) released the following statement on Thursday on Gov. Chris Christie’s speech:

“Now that we’re past this televised speech, Gov. Christie has finally given us a plan to solve this problem, but unfortunately it’s one that could very well shake the confidence of our residents, businesses and investors.

“Democrats have filled larger budget holes than his while preserving vital services and increasing school aid, but Gov. Christie’s plan does the opposite and sends the wrong message by declaring an emergency. After all, fixing problems is part of the everyday work of being governor, not cause for panic.

“Every dollar Gov. Christie takes from our schools will mean an increase in property taxes, and with property taxes already the top concern in our state Gov. Christie’s plan will cause great concern among parents and residents.

“Here’s the bottom line – we’re not really balancing our budget if we’re passing on our problems to our property taxpayers.”

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