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

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Contributors

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(Washington DC)-- Two recent votes on Capitol Hill suggest an overdue and radical departure from our nation's Draconian and costly War on Drugs.  It's a long-overdue discussion (and not just... more »

Quote of the Day

quote of the day

"Gov. Chris Christie says he won’t campaign for the Republican gubernatorial candidate in New York because the cause is hopeless: Gov. Andrew Cuomo is ahead by more than 30 points. But he will campaign in New Hampshire, over and over, where the Republican is also trailing by more than 30 points. What’s the reason? It may be that New Hampshire holds the nation’s first presidential primary. It may be that he doesn’t want to mess with Cuomo, who knows where the skeletons are buried at the Port Authority. But one thing is certain: Gov. Straight Talk is spinning again. And it seems to be habit-forming." - columnist Tom Moran

- Star-Ledger

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