Democrats' $35.3B budget proposal headed for a floor vote

A Democratic budget that includes tax hikes but also makes a nearly $3 billion public pension payment is now headed for a vote before the full Legislature. But if it reaches his desk, Gov. Chris Christie

News 12 Staff

Jun 24, 2015, 3:45 AM

Updated 3,215 days ago

Share:

Democrats' $35.3B budget proposal headed for a floor vote
A Democratic budget that includes tax hikes but also makes a nearly $3 billion public pension payment is now headed for a vote before the full Legislature.
But if it reaches his desk, Gov. Chris Christie is expected to use his line-item veto to remove the more than $1 billion in tax increases and replace the pension payment with a $1.3 billion cash infusion.
The Senate and Assembly budget committees both approved the $35.3 billion spending blueprint Tuesday along party lines.
Republicans question the Democrats' efforts because similar proposals last year were vetoed. Democrats say they are living up to an obligation created in a 2011 law laying out pension payment requirements.
A floor vote is expected in both chambers on Thursday. A new budget is required by July 1.


More from News 12
1:37
Rain, wind bring some power outages to Monmouth and Ocean counties

Rain, wind bring some power outages to Monmouth and Ocean counties

2:22
STORM WATCH: Rain, wind and mostly cloudy skies in New Jersey

STORM WATCH: Rain, wind and mostly cloudy skies in New Jersey

0:21
Police: 2 suspects wanted for armed robbery in Bayonne

Police: 2 suspects wanted for armed robbery in Bayonne

0:16
Man sentenced to 15 years in prison for hit-and-run that killed teen in South River

Man sentenced to 15 years in prison for hit-and-run that killed teen in South River

0:21
Car crashes, turns on its side on Pulaski Skyway

Car crashes, turns on its side on Pulaski Skyway

0:14
Caught on camera: Car crashes into parked vehicles in Guttenberg

Caught on camera: Car crashes into parked vehicles in Guttenberg

2:11
Police: Two men stole about 140 shopping carts from Rochelle Park ShopRite

Police: Two men stole about 140 shopping carts from Rochelle Park ShopRite

0:20
VIDEO: Rare fireball seen streaking across New Jersey sky

VIDEO: Rare fireball seen streaking across New Jersey sky

2:11
Dead humpback whale washes up on Long Beach Island Thursday morning

Dead humpback whale washes up on Long Beach Island Thursday morning

0:17
Police: Student from Columbia HS in Maplewood assaulted by students from different school

Police: Student from Columbia HS in Maplewood assaulted by students from different school

0:18
Prosecutor: Dirt bike rider killed in Clifton crash Wednesday night

Prosecutor: Dirt bike rider killed in Clifton crash Wednesday night

0:54
Jersey Proud: Remains of sailor from NJ killed in Pearl Harbor attack finally laid to rest

Jersey Proud: Remains of sailor from NJ killed in Pearl Harbor attack finally laid to rest

2:46
JCP&L trims trees in New Jersey towns to reduce risk of branches causing power outages

JCP&L trims trees in New Jersey towns to reduce risk of branches causing power outages

0:47
Sen. Bob Menendez and his wife will have separate bribery trials, judge rules

Sen. Bob Menendez and his wife will have separate bribery trials, judge rules

Matchbox Twenty to play at Newark’s Prudential Center June 27

Matchbox Twenty to play at Newark’s Prudential Center June 27

1:57
Museum dedicated to the history of Paterson’s Hinchliffe Stadium opens its doors

Museum dedicated to the history of Paterson’s Hinchliffe Stadium opens its doors

1:57
‘Hate and violence have no place here.’ Center for Islamic Life at Rutgers University addresses break-in, vandalism

‘Hate and violence have no place here.’ Center for Islamic Life at Rutgers University addresses break-in, vandalism

1:49
Police: Credit card skimmer found on self-checkout register at Bayonne Walmart

Police: Credit card skimmer found on self-checkout register at Bayonne Walmart

0:24
Prosecutors: Bayonne woman struck, killed on Route 46 in Parsippany

Prosecutors: Bayonne woman struck, killed on Route 46 in Parsippany

0:28
Dog found abandoned in Little Falls, police looking for owner

Dog found abandoned in Little Falls, police looking for owner