Prieto: Reality & Cooperation Needed to Resolve Budget Woes

(TRENTON) – Assembly Budget Chairman Vincent Prieto (D-Hudson/Bergen) released the following statement Wednesday after the Assembly Budget Committee heard from the Office of Legislative Services and state treasurer on a potential revenue shortfall of up to $1.3 billion for this and next fiscal year:

“The testimony we heard today provided a dose of reality and makes clear that it’s time for the governor to put his slogans aside and begin working with us to craft a responsible budget for New Jersey.
“I’m especially concerned that Gov. Christie has resorted to name-calling and blame. We don’t need partisanship. We don’t need increased borrowing to help for tax cuts that benefit the rich. We need cooperation to resolve this budget problem.
“Gov. Christie must finally move away from his policy of tax cuts for the mega-rich and join us in the fight for our middle-class, poor and seniors, with meaningful property tax relief a priority.”