Prieto seeks to restore some Christie cuts

Posted: June 21, 2014

TRENTON - Assembly Speaker Vincent Prieto said Thursday that the Legislature's budget for the fiscal year beginning July 1 should restore funding cut by Gov. Christie for women's health care and tax credits for low-income individuals.

Prieto (D., Hudson) did not provide a detailed alternative budget plan, but said he wanted to raise taxes on millionaires. His proposal includes $7.5 million for women's health care.

In the past, Christie, a Republican, has vetoed that level of funding for public and private providers of family planning services. He also has vowed not to raise taxes.

Prieto also wants to increase the benefit amounts under New Jersey's earned income tax credit program. He said he would collaborate with the Senate and work to propose a joint budget plan next week. Lawmakers must pass a balanced budget by June 30.

Senate President Stephen Sweeney (D., Gloucester) unveiled a $34.4 billion budget plan Wednesday, which also would raise taxes on the state's highest earners.

Democrats say the new revenue would allow the state to make its full payment to the pension system.

The governor last month slashed his budgeted pension payment from $2.25 billion to $681 million to balance the budget, proposing a $32.7 billion spending plan.



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