The governor apparently isn’t just posturing. He has ordered a special session of both houses of the Legislature for July 4, a day when most of us will be chowing down on chicken wings and hanging in the pool. He said at a news conference earlier today that he had hoped to have a budget to sign, but
“there is no budget to veto, no budget to amend, and there is no budget to sign. We should end this failure to act in an expeditious and disciplined manner.”
The Associated Press is reporting that the governor will push a compromise plan offered several weeks ago by Senate President Richard Codey:
Codey’s compromise involves using half the $1.1 billion that would be raised by the sales tax increase to ease the state’s highest-in-the-nation property taxes. The Senate president predicted the plan would pass the Legislature if considered, but Assembly Speaker Joseph Roberts, D-Camden, has rejected it. Roberts has been leading opposition to the sales tax increase.
The compromise is not perfect — as several papers have pointed out, using the sales tax to reduce property taxes without undertaking a systemic review and reform plan is like taking money from your front pocket and putting in your back one — but it does avoid most of the one-shot gimmicks and other nonsense that state lawmakers have been so fond of over the years.
The problem here is that the Assembly majority has focused only on the budget’s political impact, while the governor has been — rightly — unwilling to let politics rule the day. It has been more than 100 days since the governor unveiled his budget with a challenge to all involved to come up with a better plan. In response, the Assembly Demcorats aligned with Majority Leader Joe Roberts have offered only more of what created this mess in the first place.
As Steve Adubato writes on NJPolitics.com, Gov. Corzine:
proposed this budget over 100 days ago. He told legislators that if they disagreed, they should come up with alternatives to bring in much needed revenue. Assembly Democrats did nothing until just a few days ago when they put forth a flimsy budget proposal that relies on one-shot revenues and gimmicks.
These are the kinds of fiscal actions that have caused such insanity in Trenton for too long. Corzine said “enough is enough.” No more gimmicks. No more one-shots. He said revenues must match expenditures. What a radical idea in a state house filled with politicians who have gotten away with murder for too long by borrowing against the future, playing dangerous games to artificially balance the budget. In my book, Jon Corzine is far from perfect. But he is the most responsible and decent elected governor New Jersey has had in a long time.
And now, at this point, the best any of us can hope for is that a budget gets approved and the state to get back to work without pushing off the day of reckoning again.