The ranking Republican of the state Senate's budget committee says New Jersey is so over-regulated and over-taxed that he would move his manufacturing company to Pennsylvania if he wasn't a state senator.

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Sen. Tony Bucco of Denville says state regulations cost him $50,000 a year.

Bucco blames burdensome regulations and high taxes for the state's failure to attract and retain more businesses. His remarks came during a budget hearing Wednesday with Labor Commissioner Hal Wirths.

Sen. Paul Sarlo, the Democrat who chairs the panel, says maybe Gov. Chris Christie needs to do a better job cutting regulations.

Christie has made it a priority of his administration to cut red tape and provide tax incentives to business during his first three years in office.

 

(Copyright 2013 by The Associated Press.  All Rights Reserved.)