State Treasurer to meet with Assembly Budget Committee

Acting State Treasurer Andrew Sidamon-Eristoff will appear before a special hearing of the Assembly Budget Committee on Monday to discuss the current fiscal year’s budget deficit.  The meeting is set for 10 AM and will be streamed live at http://www.njleg.state.nj.us/media/live_audio.asp.

Assembly Budget Chairman Louis Greenwald (D-Voorhees) said he hopes the session becomes a cooperative effort by the Christie administration and the Legislature to develop alternatives to the governor’s proposed spending cuts.

“We will continue cutting spending, but we need alternatives to Gov. Christie’s plan to increase property taxes on and threaten the health care of New Jersey’s hard-working middle-class and poor,” Greenwald said. “We should be doing everything we can to avert a tax increase of any kind, and that includes property taxes. I look forward to hearing first-hand from the acting treasurer on how we can work together to find a sensible approach that doesn’t target New Jersey families.”

State Treasurer to meet with Assembly Budget Committee