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Senate President Steve Sweeney
Senate President Steve Sweeney (Kevin McArdle, Townsquare Media NJ)
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For Republicans, there’s life after Christie, says Sweeney

As New Jersey's deadline approaches to have a balanced budget in place, a showdown is brewing between Democrats and Republicans.

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Senate President Steve Sweeney
Kevin McArdle, Townsquare Media
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Steve Sweeney Says No To Millionaires Tax Hike To Fund Tax Cut Plan [AUDIO]

Despite April revenues that are lower than projected from the state, the head of State Senate Democrats says he's continuing on a path to a tax cut plan, and he's not agreeing to a millionaire's tax  hike to fund it.  Senate President Steve Sweeney says he's not going to rule out a tax cut until he gets all the numbers.

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Money Stack
Don Farrall, Getty Images
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Revenue Shortfall Bolsters Millionaires Tax Hike Argument [AUDIO]

The latest state revenue figures which show collections for April are $230 million below what Governor Chris Christie's administration had projected. Assembly democrats are pouncing on the bad news and saying it proves their call for a millionaires tax increases makes sense now more than ever.

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