Benson on Democrats’ Fiscal Year 2020 State Budget
(Trenton) – The Fiscal Year 2020 spending plan bill proposed by Legislative Democrats boasts responsible revenue projections and will increase funding without a tax hike. Assemblyman Dan Benson (D-Mercer, Middlesex) released the following statement:
“The budget bill the Assembly will vote on today provides a blueprint for getting New Jersey’s fiscal house in order. It provides property tax relief, a record pension payment, a $1.4 billion surplus and more money for education, veterans and seniors.
“As chair of the Assembly Transportation Committee, I am particularly pleased we were able to include a $75 million funding increase for NJ Transit which is $50 million more than proposed in the Governor’s budget.
“Our budget also fully funds the Senior Freeze Property Tax Relief Program for the first time in a decade with an $18 million increase.
“I stand behind this spending plan because it is fair, responsible and protects our most vulnerable.”