TRENTON – The Statehouse is quiet for the most part as state Senate Budget Chairman Paul Sarlo (D-36) anticipates Gov. Chris Christie acting upon the Democrats’ submitted $34.1 billion budget later today to meet the deadline.
Democrats expect Christie to enact his desired cuts and make up the balance by taking $900 million out of the state pension fund, which a Superior Court Judge last week ruled – at least this year – is within the governor’s constitutional purview in this budget crisis.
“I am assuming he will line-item out the millionaires tax and earned income tax credit, CBDG surcharge and family planning,” Sarlo told PolitickerNJ.
“I’m hopeful that the rest will stay in,” added the senator from Wood-Ridge. “We’re hoping the balance of the budget will remain intact.”