UPDATE: Christie Says He'll Veto Tax Hike During Town Hall Meeting

Democrats have proposed raising taxes on New Jersey residents who earn at least $1 million. Christie said he rejects that idea during a town hall in Haddon Heights, according to the Courier Post.

Patch File Photo
Patch File Photo
Gov. Chris Christie said he will veto tax hikes the state’s Democrats are pushing at a town hall meeting in Haddon Heights on Wednesday, the Courier Post reports.

Democrats have proposed raising taxes on New Jersey residents who earn at least $1 million.

On Tuesday night, lawmakers on the Assembly and Senate budget committees approved a $34.1 billion budget with that proposal in place, according to nj.com.

The votes in both committees fell along party lines, according to that report.

Meanwhile, Christie has proposed cutting funding intended for public workers' pensions to help close the $2.75 billion budget hole.

On Wednesday, Superior Court Judge Mary Jacobson ruled that Christie can cut the pension payment by nearly $900 million for the current fiscal year, nj.com reports. She said she will continue to hear arguments concerning the budget for the next fiscal year, which takes effect July 1.

“This was one of the hard choices the people of New Jersey expect me to make, and I am pleased the court recognized the necessity and urgency of this decision so that we can provide key funding for our schools, our colleges, our hospitals and other essential services," Christie said in a statement issued Wednesday evening. "For our state’s families who are already overburdened by high taxes, raising taxes even further would not solve a problem created by decades of neglect and irresponsibility.”

The state’s budget must be adapted by June 30.

Jennifer Jones June 26, 2014 at 07:35 PM
Yes, State Police are Troopers...not sure about pension & benefit details for local police or fireman.
Max June 26, 2014 at 07:56 PM
"Christie Says He'll Veto Tax Hike During Town Hall Meeting" could imply that the act of vetoing will occur during the Town Hall meeting. "During the Town Hall meeting, Christie says he'll veto tax hike" is clear and unambiguous.
angie argabrite June 27, 2014 at 07:43 AM
what about the "hard choice" to do something for the people who AREN'T his millionaire friends?
Mac June 27, 2014 at 11:48 AM
sorry angie argabrite but our overstuffed pampered national smorgasbord traveler that drops by occasionally to show us that as Governor he can walk and chew gum at the same time doesn't make any "hard choices" without a million dollar advance to his wife's charity retirement fund first


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