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how to pay for this?

From Corzine's economic speech earlier this year:

Let me repeat, whether or not the people vote for a property tax convention in November, I intend to call a special session of the legislature, early next year, to focus exclusively on property taxes and to take action.

Long-term property tax relief requires that we confront the ugly truth of our fiscal condition:  Fixed costs are rising every year at an unsustainable rate.  Health care costs, salary and pension benefits for both employees and retirees are devouring more than our annual growth in revenues, and the trend is getting worse, not better.

The Governor's task force on fixed costs is a good first step to confront this problem.  But it's just a start.  In stark contrast, some candidates for Governor ignore this reality, and promise what they can't deliver:  across-the-board cuts in costs they don't control.

So let's be frank.  We must confront the intractable problems of property taxes and fixed costs, but that's not enough.  We must also take immediate steps to reign in government spending:

We should examine more efficient ways to administer the State Health Benefits Program, which cost 220 million dollars more this year than last.

We should consider bulk purchasing of high-cost items like prescription drugs.  We can consolidate administrative functions in State agencies and cut PR budgets by 50% to save a combined 70 million dollars over three years.

Technology upgrades can save the State 100 million dollars annually by the third year, and energy efficiency measures can add another 20 million dollars in savings over three years.

The steady growth in the State employee workforce must end.  Acting Governor Codey is now cutting 500 positions through attrition. We should continue that approach for a number of years.  In addition, I will limit political appointees and work to reduce their numbers by a substantial percentage.

And finally, it is time to evaluate the true benefits of every State agency and program.  It is time to determine which ones are worth the cost, and which ones simply cost too much.

It is time to introduce "outcome-based" budgeting to State government, where programs are scored and retained on the basis of their effectiveness.  My cabinet will be told to identify which programs produce results, and to eliminate those that under perform.  A fresh look and consolidation are necessary in leading any large organization.

So basically, smarter budgeting, smarter cuts in spending, and smarter management techniques.  Corzine's outlined these specific cuts to the state budget to pay for long overdue property tax relief.

by Matt Stoller on June 01 at 3:42 PM EST
[ Parent ]


Wheres the BEEF?

BLa! Bla! Bla!  Same old Democratic Party! Same old BS! FORRESTER GOVERNER IN 2005!!!!
Jon, where are the specfics of anything you say? Well, we will BUY more in bulk. We will consolidate State agencies. Another unbelieveable idea from a Dem! Great ideas guys. Oh! You will come up with them after your defeated. Just like Kerry.
You have done NOTHING for New Jersey as a Senator.  We won't give you the chance as governer! Anyway, How is your girlfriend lately?
Pay her off any more money to keep her mouth shut? Keep up the great work Dems! You just don't get it and you probably never will! Thank God!
Republican President of the US
Republican Senate of the US
Republican House of the US
Republican Governer of New Jersey 2005

GOD BLESS AMERICA!

by Anonymous Citizen on September 30 at 9:40 AM EST
[ Parent ]

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