(TRENTON) – Assembly Budget Chairman Vincent Prieto (D-Hudson/Bergen) released the following statement Monday after Moody’s stated it expects New Jersey’s economic growth to lag the rest of the nation:
“The latest report from Moody’s is once again great cause for concern for New Jersey taxpayers, especially considering the agency expects New Jersey’s economic and employment growth to lag the rest of the nation through 2014.
“The only people benefiting under Gov. Christie’s economic policies are the millionaires enjoying their Christie tax cuts. It’s certainly not those enduring 9 percent unemployment and a net 20 percent property tax increase under Gov. Christie.
“Gov. Christie may be strangely touting a New Jersey Comeback, but when compared to the rest of the nation we are clearly experiencing a New Jersey Setback.
“It’s time for the governor to put his slogans aside and join us in supporting a responsible plan for middle-class and senior property tax relief.”