New Jersey Governor Chris Christie and Pennsylvania Governor Tom Wolf Propose FY 2017 Budget
Mon, February 29, 2016
Governor Chris Christie and Governor Tom Wolf delivered their budgets and officially kicked off the fiscal year 2017 budget process in New Jersey and Pennsylvania.
Governor Christie offered highlights of what he characterized as a fiscally responsible balanced budget that imposed no new taxes on New Jersey taxpayers. In all, Christie’s new budget calls for a 3% increase in spending over the current $33.8 billion fiscal year budget, relying on a modest 3.1%projection for revenue growth.
Governor Wolf outlined his perspective on the fiscal challenges facing the commonwealth, the shortcomings of the budgets passed by the General Assembly and the choices that lay in front of state elected officials. He also called on the House and Senate to make the difficult decisions he believes are required to move Pennsylvania forward. We are in unchartered territory, with the Governor proposing a 2016-2017 budget without the 2015-2016 budget complete.
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