Gov. Chris Christie continues to demand a tax cut and now he says the Democrat-controlled legislature has no reason not to enact the cut. Christie is offering lawmakers a "circuit breaker" that allows them to repeal the tax cut if they believe the state cannot afford it.
For the better part of 2012, Governor Chris Christie demanded that Democrats approve a tax cut and he criticized them at every turn for dragging their feet. Democratic leaders consistently said they wanted to wait until they were sure that revenues matched Christie's projections. Revenues have not matched estimates, but despite that and the fact that the costs of recovering from super-storm Sandy
A little more than 24 hours before the full Assembly is scheduled to vote on dozens of bills, Republican leaders gathered at the State House to blast Democrats for not posting tax cut legislation.
Governor Christie is once again calling on the democratically controlled Legislature to immediately approve a property tax cut for Garden state residents.
The constitutional deadline for a signed and balanced State Budget is midnight June 30th, less than four weeks from today. Sagging state revenues have many wondering if any of the three competing tax cut plans afloat in Trenton are going to go under. Governor Chris Christie insists there will be a tax cut.