By Matthew Arco | January 15th, 2013 - 7:56pm
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TRENTON – The chairman of the Senate Budget and Appropriations Committee criticized Gov. Chris Christie Tuesday in the wake of the most recent revenue figures.

Sen. Paul Sarlo (D-36) accused the governor of refusing to “acknowledge the problem or to present a responsible plan to address it” after the administration released figures showing a $425 million lag in revenues for the first six months of the fiscal year.

“While the modest boost in income tax revenue is a positive sign it is the only category that has even met projections. Most of the other major revenue categories continue to fall short and the bottom-line total, which is the most important figure, is far below his projections,” Sarlo said in a statement.

“We are halfway through the fiscal year, and total growth is 1.5 percent, a small portion of the 8.3 percent the governor built into the budget and a fraction of the 12.7 percent growth needed to bring the budget into balance,” he said. “The full revenue picture shows a continuing shortfall and the economic performance after six months gives little evidence that the governor’s deficit will be closed by itself. We welcome any positive signs but we must be realistic and responsible.”

Wake-Up Call

Morning Digest: September 22nd

Winners and Losers: Week of September 15th WINNERS Chris Christie NBC News reported Thursday evening that the U.S. Attorney’s Office has determined after a nine-month investigation that there is 'no evidence" so far that the governor had advance knowledge about any politically motivated scheme around the bridge lane closures...

Op-Ed

Legislation needed for publicly financed gubernatorial elections

By JEFF BRINDLE It is critical that the Legislature soon enact a pending bill that would ensure the state’s Gubernatorial Public Financing Program is available in the event of a special election for governor.  Not only is there no current legal... Read More >

Contributors

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(9-17-14) Viral Video Prompts Questionable NJ Municipal Ordinance -  Socrates said, “While I might disagree with what you say, I will defend to the death your right to say... more »
(Asbury Park, NJ) -- There's a word for someone who says one thing and does another: hypocrite.  There's no shortage of 'em in Trenton -- from ... more »
 The following letter was sent today to Republican state legislators, county chairs, state committee members, and New Hampshire... more »

Quote of the Day

quote of the day

"In many ways, Fulop has embraced McGreevey’s granular-level approach to retail politics, racing around the state to raise money for congressional candidates in South Jersey one night, showing up at a Morris County Democratic Party function the next. His administration has also awarded legal work to Weiner Lesniak, the Parsippany-based firm run by state Sen. Ray Lesniak, the Union County Democratic Party power broker." - columnist Charles Stile

- The Bergen Record

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