Prieto: A Fiscally Responsible Budget for New Jersey

(TRENTON) – Assembly Budget Chairman Vincent Prieto (D-Hudson/Bergen) released the following statement Friday after the Assembly Budget Committee released legislation (A-3200) to implement a fiscally responsible state budget for the fiscal year starting July 1, 2012:

“This is a fiscally responsible plan that continues our effort to build a strong foundation to reinvigorate our economy. This must be a priority, considering New Jersey ranked 47th last year in the nation in economic output.
“We all support tax cuts, but tax cuts must be focused on property tax relief and they must be ones we can afford. Irresponsible Republican tax cuts have helped create the economic morass we face in this state and nation, and we are not going to make their same mistake. Through this budget plan, we are going to live within our means and provide vital programs for middle-class New Jersey.
“We are going to be responsible. We are going to focus on property tax relief. And we are going to ensure tax relief is done properly. New Jersey taxpayers deserve nothing less.”