REMINDER – N.J. TREASURER TO MEET WEDNESDAY WITH ASSEMBLY BUDGET PANEL ON CHRISTIE BUDGET PROPOSAL

Assembly Panel to Get First Overview of Christie Budget Plan that Slashes Property Tax Relief for Middle-Class and Senior Citizens, Hike Fees on Senior Citizens

The Assembly Budget Committee on Wednesday will meet with state Treasurer Andrew P. Sidamon-Eristoff to get his first overview of Gov. Chris Christie’s budget proposal.

Christie’s plan slashes property tax relief for the middle-class and senior citizens and boosts fees on businesses and senior citizens.

“Whether it be Gov. Christie’s massive cuts to schools, his plan to slash property tax relief or his plan to boost prescription drug fees for the elderly, his budget hits working class New Jerseyans and senior citizens hard,” said Assembly Budget Chairman Lou Greenwald (D-Camden). “These hearings are always important, but this year they take on added urgency.”

David Rosen, the Legislative Budget and Finance Officer, will also meet with the committee to provide a revenue outlook for the coming fiscal year. Rosen will appear before the committee at 10 a.m.

Sidamon-Eristoff is scheduled to testify at 1 p.m. Both hearings will in Committee Room 11 of the State House Annex.

The hearings will be streamed live at http://www.njleg.state.nj.us/media/live_audio.asp.

The public can also keep informed of the hearings by signing up for Assembly Democratic e-mail alerts here.

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