Says Legislature must do its best in face of adversity
Following a ruling by the New Jersey Supreme Court approving the Murphy administration’s $10 billion borrowing plan Senator Declan O’Scanlon and Assemblywoman Serena DiMaso (both R-Monmouth) issued a statement:
“I feel strongly that the Supreme Court ruled the wrong way,” said O’Scanlon. “The checks and balances, and forced-tough-choices, that our founding fathers enumerated in our constitution were not put there to be brushed aside when the going gets tough. Indeed, they were put in place to force us to do the hard work when it is hardest. The mission of government–to be responsible, fair, and live within its means–doesn’t go away in the face of adversity. On the contrary, that mission becomes even more critical during such times.”
“I’m extremely disappointed in today’s decision by the Supreme Court,” DiMaso stated. “This was the wrong choice for New Jersey and the wrong choice for the future of our economic and fiscal health. I listened to the entirety of the oral arguments and do not agree that the State presented a solid case. Comparing this unrestrained, unconstitutional borrowing to the Great Depression or the Civil War was quite honestly not relevant.”
“Regardless of our dissatisfaction with this ruling, it is our job as sitting legislators to do our best working within the bounds of the decision and minimize the damage that unfettered borrowing would have on the fiscal future of our state. As well as the economic pain it would have on our children and grandchildren,” O’Scanlon continued. “Thankfully, the decision does insist on accurate, regular certifications of revenue and shortfalls, and limits what borrowed funds can be used for. We must use all power vested in our coequal branch of government to deal head-on with the challenges placed before us. Our children and grandchildren cannot afford our dumping today’s challenges on them. They’ll have enough of their own.”
“We will continue to work tirelessly to advocate for our overtaxed, beleaguered residents using whatever tools are available to us in the legislature. This was a mistake that will reverberate to all of us, but we are very clear in saying that we will not and cannot give up.” DiMaso concluded.