PRIETO: ‘NEW JERSEY COMEBACK’ MISSING FROM LATEST REVENUE FIGURES

(TRENTON) – Assembly Budget Chairman Vincent Prieto (D-Hudson/Bergen) released the following statement Wednesday on Christie administration figures that show a 3.2 percent shortfall in expected revenue collections for this fiscal year:

“The so-called ‘New Jersey Comeback’ appears to have very been short-lived. It’s entirely missing from this fiscal year’s revenue figures.
“These new numbers are cause for concern, not only for the state budget and the key services it funds, but for the Christie administration’s economic policies that have failed to reinvigorate our economy.
“It’s time to get past political theater and put the focus on the reality of New Jersey’s sagging economy and our 9.1 percent unemployment rate. Sound bites won’t solve these problems.”