(TRENTON) – Assembly Speaker Emeritus Sheila Oliver (D-Essex/Passaic) released the following statement on the governor’s veto of the Earned Income Tax Credit proposed by Democrats as part of the budget for next fiscal year:
“Year after year, the governor has made reckless fiscal choices based mostly on bloated budget projections by his administration. New Jersey residents continue to pay the price.
“Unlike this administration, Democrats put forward a budget that met the state’s financial obligations while restoring funding to women’s healthcare and reinstating the Earned Income Tax Credit. These are programs that were neglected in previous budget years by Gov. Christie.
“Working families and the programs that help these residents should always be a main concern. It’s the right thing to do in an economy that desperately needs a boost.
“The governor’s veto of the EITC is contrary to growing New Jersey’s economy. The veto proves what we have known for the last 5 years – this administration places more importance on keeping tax breaks for millionaires than giving one to working class families.”