***MULTIMEDIA PACKAGE*** GREENWALD DISCUSSES IMPACT OF CHRISTIE BUDGET ON SENIOR CITIZENS

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Notes Loss of Property Tax Rebates, Increased Medication Costs

(TRENTON) — Assembly Budget Committee Chairman Louis D. Greenwald (D-Camden) on Thursday issued a multimedia package discussing the negative impact of Gov. Chris Christie’s budget proposal on senior citizens.

Under Christie’s proposal, senior citizens would have to pay a new $310 annual deductible for prescription drugs, while their co-payments for prescription drugs would also more than double.

Also under Christie’s plan, senior citizens would lose as much as $1,295 in property tax relief this year, while the Senior Freeze property tax relief program wouldn’t accept new applicants and would limit reimbursements to last year’s amount.

The multimedia package, stemming from a recent Greenwald press briefing, consists of a video on Greenwald’s discussion of seniors, audio of the same and a transcript of his remarks.

The video can be accessed directly via our Web site — www.assemblydems.com — or by clicking here.

The audio file is available upon request.

A transcript of Greenwald’s comments is appended below:

“Seniors are very worried about the rebate, they’re very worried about the senior property tax freeze and they’re very worried about the deductable in the PAAD program. Those are real dollars for senior citizens.

“You know, when you’re looking at a senior citizen who’s about to lose their $1,300 rebate and pay $310 in a deductable for PAAD, they’re scared.

“And we can put any kind of fancy name we want on it – it’s a loss of a benefit. You know, everybody’s afraid of using the tax word. They look at it as a tax increase. And they’re scared.”

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