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Chris Wysocki
Caldwell, NJ
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Monday, 30 June 2014
Chris Christie vetoes NJ Dems massive tax hikes, media crestfallen
Steve Sweeney huffed and he puffed and in the end Chris Christie blew his house down. Because Christie said raising taxes was a non-starter, which apparently is a newsflash to Sweeney, and our liberal media.
It's The End Of The World according to the class warriors at the Star-Ledger
Gov. Chris Christie signed a $32.5 billion state budget today that all but abandons a first-term plan to repair New Jersey's derelict pension system, slicing $1.57 billion from a payment required by law for public workers' retirement funds.
With his new budget — which makes modest funding increases to schools and hospitals and is 1.2 percent smaller than the one he signed last year — Christie held firm on a promise to block major tax increases in New Jersey. He vetoed a pair of Democratic bills that would have hiked rates on millionaires and businesses and reaped an extra $1.1 billion for the pension funds.
Christie's move to short the pension system — a reversal for a governor who once pledged to rescue it from collapse — could spark downgrades of New Jersey's credit rating and a difficult court battle against public-sector unions. With unfunded liabilities of nearly $50 billion for state and local workers. plans, the growing pension mess could hurt Christie's chances if he decides to run for president.
This is what passes for "objective" reporting in the Garden State. Christie "abandons" the pension system! It's a "reversal" of his "pledge!" Except, the money simply isn't there. Sweeney's millionaire's tax is a chimera; a ploy that's already been tried, and failed. Maybe the Ledger should read their own op-eds.
The big spenders at the Bergen Record are no better.
Governor Christie signed a $32.5 billion budget into law Monday evening, using his line-item veto to slash more than $1 billion in spending from the appropriations bill that lawmakers had approved knowing he would cut that funding and reject their tax increases.
Christie cut funding for women's health care, a tax credit for low-wage workers and legal services for the poor, all from the budget bill approved by Democrats on Thursday. The governor also delayed property tax relief to next year, overriding Democratic attempts to provide it next month.
The spin, it makes me dizzy. All those "cuts" are in actuality additional spending tacked onto the budget by the Democrats and nixed by Christie. Presumably because spending more money on extra stuff is how they "save" the pension system. The amounts Christie left appropriated to "women's health care," "low-wage workers," and "legal services for the poor" remain unchanged from last year. And the property tax relief game is one played by every governor since William Paterson, which makes it hardly newsworthy, unless you're out to paint Chris Christie as evil incarnate.
Chris Christie hasn't stood up for much. I'll be the first guy to say he's
been a tremendous disappointment to us Conservatives. But once a year at
budget time he's our guy. The taxpayers of New Jersey will take whatever
victories we can get, whenever we can get them. Until Christie came along
the public employee unions held all the cards around here. It's about time
they felt some of our pain.
Posted at 23:27 by Chris Wysocki
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