paul sarlo

As per the State Constitution, New Jersey must have a signed and balanced budget in place by midnight June 30.

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

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We should have a much better idea today if you can expect a tax cut this year.

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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.

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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.

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Today, State Senate Budget Committee chairman Paul Sarlo and Assemblyman Troy Singleton unveiled a new bill to provide close to $440 million in additional property tax relief to residents by restoring hundreds of millions of dollars worth of cuts to the amount municipalities received in their share of state energy tax revenues.

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New Jersey mayors descended on the State House in Trenton today that the state should stop withholding energy tax money they claim is due to municipalities.

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In his State Budget Address Governor Chris Christie said that because spending is under control it's time to prioritize and, "One such priority is New Jersey's colleges and universities."

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The Democratic Chairman of the State Senate Budget Committee says lawmakers will not vote on Governor Christie's proposed higher education restructuring plan, unless they know for sure what it's going to cost.

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Yesterday, the State Senate Budget Committee got the latest state revenue projections. The non-partisan Office of Legislative Services (OLS) briefed the panel during the morning's session.

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