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The Star-Ledger Editorial Board – “It was his finest moment as governor.”

July 2, 2010

Chris Christie

 

The Star Ledger Editorial Board gave Governor Christie high marks for his CAP 2.5 compromise.  The full article is available by clicking the link to the left and highlights of the article are below. 

Yesterday, Gov. Chris Christie offered Democrats a meaningful compromise on property taxes that clears the path to finally addressing the state’s biggest problem. 

  

It was his finest moment as governor. Our hope is that Democrats resist the pressure from public employee unions and shake the hand the governor has extended. 

  

The core of Christie’s plan is a 2.5 percent cap on property tax increases. He wants a hard cap that would not allow towns and schools to exempt major cost-drivers like pension and health costs, as the existing cap does. And he would give local voters the power to override the cap in a referendum.  

  

The whole purpose of the cap is to force towns and schools to wrestle down those costs, rather than pass them on to taxpayers. 

The second big fight will center on the governor’s “tool box” of reforms aimed at helping local officials control costs. The sharpest tool would cap increases in labor costs at 2.5 percent as well. That would include salaries and benefits, and apply to both towns and schools. 

  

That’s the provision that the unions will fight to the death, in the Legislature and in the courts. But it’s time for that showdown. Labor costs constitute the bulk of local spending. Without this tool, it’s unreasonable to expect local officials to live with the cap. 

The initiative now moves to Democrats. If they resist this sensible reform, they better have a good explanation for voters next year. 

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4 Comments leave one →
  1. Veterans Wife permalink
    July 2, 2010 1:53 pm

    So far it was his finest moment, but don’t underestimate our honorable Governor.

    Stay tuned America.

  2. Cindy Rau-Hatton permalink
    July 2, 2010 3:05 pm

    Our Governor will continue to have “fine moments” because he has the passion and conviction to “stay the course” that is needed to fix New Jersey. Sweeney and the Democrats are more worried about political posturing than doing what is best for the taxpayers.

    Thank you Governor Christie.

  3. LeedsDevil permalink
    July 3, 2010 5:32 am

    Thank you Governor Christie…but in the immortal words of John Paul Jones: “I have not yet begun to fight!” should be the “battle cry” for your administration. We can not afford to rest on the laurels of this Bill that was passed. What needs to be shown is, that what this Bill is designed to do is to BEGIN to bring fiscal restraint to our government in Trenton. Is it going to be easy…No. Is this Bill the be-all, end-all to our State’s fiscal problems created by uncontrolled TAX & SPEND policies of the past legislatures and administrations?…certainly not. There are many here in New jersey who will find cause to weep and moan over the loss of “entitlement” handouts that WE, THE TAXPAYERS, can no longer afford! Many of those doing the weeping will be the current residents of the State House who have built their power bases for their reelection bids on the photo-op, hand-out mentality that created the fiscal mess we are in right now. Yes, many will see the siphons from lobbyists and other created “public works projects” that have directed cash into their own campaigns and pockets trickle dry (think Bryant as only the beginning boys and girls). And maybe we will begin to see just how truly altruistic those who serve us in Trenton really are! This Bill is only the frist step…of many that are needed to be taken…and once “Trenton” see what can be done…they will start to make the strides needed to bring businesses back to THE GARDEN STATE.

  4. Terry Land permalink
    July 6, 2010 4:38 pm

    I applaud Governor Christie for showing what can be accomplished if we try to put partisian politics aside. Having said that, if the democrats fail to take the olive branch that has been handed out to him, then I hope that our Governor will give it back to us in the form of a constitutional amendment. If the democrats are willing to work on a bi-partisian solution, that is great, but if they are not, then take it to the people and let them decide.

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