Tuesday, May 5, 2009

STATE SHUTDOWN TALK IS STARTING IN THE STATE HOUSE

New Jersey's non-partisan Office of Legislative Services (OLS) has circulated a memo with its latest state revenue estimates. OLS now estimates that revenues will be short $1.2 billion for the next two months and $2 billion less than what Governor Jon Corzine predicted in his budget address. April's income tax collection was $800 million less than expected - a 40 percent decrease from the year before. The memo reveals that OLS believes the two-year revenue shortfall, "may exceed, perhaps significantly, $2 billion compared to what was estimated in the Governor's Budget Message."

The murmurs have begun about the very real possibility of a State shutdown. It happened in 2006 when Corzine and a faction of Democrats in the Assembly butted heads over the Governor's plan to hike to State Income Tax from 6% to 7%.

The 80-member Assembly and the Governor are up for re-election this fall. Still, budget-balancing talk has turned to the possibility of slashing the popular proeprty tax rebate program, cutting state aid to towns and schools and maybe even hiking property which is the third rail of politics in an election year.

Democrats and Republicans alike are saying (off-the-record for now) that a shutdown of State government is going to be very difficult to avoid.

9 comments:

Anonymous said...

The closer we get to closing down the government the clearer it becomes how ill-equipped the legislature and governor are with brains, ethics and the least ability to make any straight-arrow decisions in favor of the people. Millions could be permanently cut from operating costs if legislators and government officials were to cut the brothers, sisters and other unemployable relatives and cronies by the dozens from the payroll the people pay for. But making even a token gesture of sharing the problem is not in the character of our venal "representatives" (so-called). Not one dollar has been cut from appointive/pad jobs large or small. What is the state appointed job unemployment rate? 0%? Who's kidding who? They're just tools of the bosses.

The only solution is to dump them in November...and every year after that until they get the idea who's calling the shots. That will only work if citizens have the will and stamina that will change them from beaten robot voters that they are now.

Anonymous said...

Where is it written or mandated that Government do nothing but grow? Politicians are constantly citing "sacrifice", yet they never apply the concept to Government. The answer to every government-created "budget crisis" can no longer be "raise taxes". Taxes in this state are beyond unbearable. It is time to cut the salaries and perks enjoyed by these out-of-touch solons in Trenton. It is past time for a serious study into the fraud, duplication and waste that exists in this State, and a REAL plan to address and eliminate it.

The answer, folks, is Election Day. Corzine and every up-for-reelection incumbent must be voted out of office. Politicians have absolutely no fear of the electorate, and why should they? The same faces are elected and reelected time and again. Only when the electorate instills fear into the Trenton establishment will any real change begin to happen. The only answer is to vote out EVERY incumbent, and to to it election after election until Trenton comes around to the idea that Government exists to serve the people, and not vice-versa.

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