revenue

CODEY STATEMENT ON REVISED REVENUE FORECAST

Release Date: May 13 2008

CODEY STATEMENT ON REVISED REVENUE FORECAST

            TRENTON – Senate President Richard J. Codey (D-Essex) issued the following statement on the revised revenue forecasts provided by the State Treasurer and the Office of Legislative Services at today’s Senate Budget and Appropriations Committee hearing:

            “This is essentially like finding a couple benign growths on an elephant.  That’s not to say the news is not welcome, but it’s certainly not going to solve our long-term fiscal problems. 

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