Gov. Chris Christie has issued a full veto of the Earned Income Tax credit, a program he had pledged to restore during his February budget address.
In his veto message, the governor said he continues to support the plan, but his support was contingent on the inclusion of a tax cut.
"I support the concept of this bill and indeed proposed an increase in the EITC as part of my February 2012 proposal for a balanced budget," Christie said in his veto message. "That budget proposal, which was not acted upon by the legislative mahority, would have also delivered all taxpayers in the state, the tax relief they deserve."
Democrats had proposed restoring the EITC to 25 percent of the Federal Earned Income Tax Credit amount. The budget had allocated $50 million for that purpose. Christie had favored restoring the credit over a two year period.
In the event that state Sen. Diane Allen (R-7) doesn't run for re-election in 2017, the party has a short list of possible candidates it could field to try to head off either Assemblyman Herb Conaway (D-7) or Assemblyman Troy Singleton (D-7).Read More >
With looming deadline on bail reform, Christie calls Legislature into special session TRENTON - Gov. Chris Christie is calling the legislature into special session Thursday to address recent bail reform legislation before a looming deadline next week, according to a letter from the governor’s office today. (Brush/PolitickerNJ)...
By Linda Stender At his most recent town hall, Gov. Chris Christie accused his predecessors of "monkeying with the math" when it comes to their handling of our state's economy. But as the old saying goes, when the governor points a finger, he... Read More >
"Assembly Speaker Vincent Prieto, a Hudson County Democrat, is balking. He claimed Tuesday that members of his caucus are divided over the measure and that his house is in no real rush – besides, even if enacted this year, the reforms would not take effect until 2017, he said. And with the growing belief that Christie could skip town to run for president, some Democrats are not eager to give him another talking point for his résumé. Christie’s plans to stump for Republican candidates in New Hampshire later Thursday only fuel that suspicion." - columnist Charles Stile- The Bergen Record
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