TRENTON - Gov. Christie has been boasting about closing an $11 billion budget gap without raising taxes, but what he really has done is avoided making payments for things such as public employee pensions and property-tax rebates, Democratic lawmakers said at a hearing Thursday.
Republicans retorted that the hearing itself was a political show and said lawmakers should focus their energies on solving state problems rather than seeking to score political points.
The arguments came at an Assembly Budget Committee meeting to discuss the structural deficit for fiscal 2012. The nonpartisan Office of Legislative Services recently estimated it to be $10.5 billion. OLS defines the structural deficit as the difference between the cost of paying all the state's statutory obligations and continuing all other state programs at the current or normal service level and revenues from existing sources.