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**Orefsmisits** · 06-22-2012, 04:44 AM

What do you think of his plan?

For the upcoming budget year, the administration wants to use $260 million in cash set aside for the Transportation Trust Fund to help patch up a growing revenue gap.

Before Christie can take the money, the Legislature must approve a bill (A3205/S2020) that would let him borrow an extra $260 million so that transportation projects aren’t affected – increasing the debt load on a fund that can’t cover its yearly debt payments. http://www.nj.com/news/index.ssf/201...se_transp.html

He's doing this so he can fund a 10% State income tax cut. He's BORROWING money for a tax cut. This is typical behavior for NJ Governors for the past few administrations. In the meantime, the administration has no intention of making the State's contribution to the pension fund that they raided in the past to plug previous budgets. Unemployment in NJ is a full point higher than the national average.

While laying off state workers, he has bloated the administration's employee rosters with people that make triple digit salaries.

06-22-2012, 04:44 AM	#1
Orefsmisits Join Date Oct 2005 Posts 442 Senior Member	For those who admire Chris Christie... What do you think of his plan? For the upcoming budget year, the administration wants to use $260 million in cash set aside for the Transportation Trust Fund to help patch up a growing revenue gap. Before Christie can take the money, the Legislature must approve a bill (A3205/S2020) that would let him borrow an extra $260 million so that transportation projects aren’t affected – increasing the debt load on a fund that can’t cover its yearly debt payments. http://www.nj.com/news/index.ssf/201...se_transp.html He's doing this so he can fund a 10% State income tax cut. He's BORROWING money for a tax cut. This is typical behavior for NJ Governors for the past few administrations. In the meantime, the administration has no intention of making the State's contribution to the pension fund that they raided in the past to plug previous budgets. Unemployment in NJ is a full point higher than the national average. While laying off state workers, he has bloated the administration's employee rosters with people that make triple digit salaries.
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