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N.J. Legislature to hold budget hearings with deadline nearing

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TRENTON — Lawmakers in the New Jersey Assembly and Senate will get to work this week on a state spending plan — just four days before the current budget runs out. Hearings get under way in both houses today, with final votes on budget bills set for Thursday. Republican Gov. Chris Christie proposed a $29.6 billion budget, but Democrats...

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TRENTON — Lawmakers in the New Jersey Assembly and Senate will get to work this week on a state spending plan — just four days before the current budget runs out.

Hearings get under way in both houses today, with final votes on budget bills set for Thursday.

Republican Gov. Chris Christie proposed a $29.6 billion budget, but Democrats have drafted their own $30 billion version.

And there's plenty that they disagree about.

For starters, Christie says the state won't take in enough revenue to finance the Democrats' plan. But Democrats want to reinstate a surcharge on millionaires to help cover increased aid to schools and seniors who own homes.

A balanced budget must be in place by July 1, or the state technically runs out of money and government shuts down.

Related coverage:

Gov. Chris Christie rips Democrats' budget proposal, warns of more modest revenue projection

N.J. Democrats announce proposed budget, including millionaires' tax, increased aid for schools, seniors

N.J. budget plan could help police departments and senior citizens


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