lou greenwald

The Senate and Assembly budget committees are scheduled to consider the $32 billion State Budget bill today along with legislation to increase the state sales tax on millionaires. Democrats are sponsoring both measures. They have also added some spending to the plan, almost $130 million.

Yesterday, Governor Chris Christie announced that New Jersey grew 17,600 jobs in May, 25% of all the jobs created in America.

There are still three competing tax cut plans in Trenton and some sort of deal has to be worked out soon if a one of them is to be included in the State Budget.

On Wednesday, Dr. David Rosen with the Office of Legislative Services (OLS) estimated that over the next 14 months state revenues will lag $1.3 billion behind Christie's projections. Governor Chris Christie expects the budget gap to be about $676 million.

With time running out to give Jersey residents a tax break, Governor Christie has blasted democratic leaders for resisting his proposal for a 10 percent income tax cut, despite less than favorable revenue projections from the Office of Legislative Services.

Governor Chris Christie, the State Senate Democrats and the Assembly Democrats all have competing tax cut proposals, but if the state doesn't have enough money to support any of them they could all be dead.

Despite weaker than projected state revenues that may force Governor Chris Christie to go back to the drawing board for a state budget this fiscal year, he took himself out of the equation and instead attacked two top Democratic leaders in the state legislature.

New Jersey tax collections for Fiscal Year 2012 are up from the same period last year, but April results are $60 million below Governor Chris Christie’s expectations.

Last Thursday, Governor Chris Christie said he would love to debate Assembly Democratic Leader Lou Greenwald on the merits of their competing tax cut plans. Today, Greenwald fired off a letter to Christie to live up to his own vow and debate the Assembly Democratic plan against Christie’s plan for an income tax cut. Greenwald is inviting Christie to a debate on NJTV’s “On the Record” program to be

Senator Joe Vitale introduced a bill last year to assist the victims of of sexual abuse that would eliminate the statute of limitations for those abused to come forward and sue their abusers. Senator Vitale's bill was reintroduced after failing to pass in the previous legislative session. Fast forward to 2012, and Assembly Majority Leader Lou Greenwald introduces The Child Protection Act of 2012.