TRENTON – Senator Barbara Buono, D-Middlesex and a member of the Senate Budget and Appropriations Committee issued the following statement today as the Legislature passed the Fiscal Year 2006 Budget:
“Today we passed a budget which met the needs of New Jersey’s residents while making sure the State lives within its means.
“This is a budget that guarantees that all $1.1 billion received under the millionaire’s tax is dedicated toward providing New Jersey’s citizens with direct property tax relief. Everyone who received a check last year will see one again this year.
“At the same time this budget realizes that health care is a priority for the citizens of New Jersey and expands our commitment to making the State a national leader. An additional 100,000 low income children and adults will give free or low-cost health insurance under the expanded FamilyCare program. Hospitals will receive over $600 million to provide charity care for those without health insurance. And funds for cancer research will increase $41 million, with that money being equally spread around the state.
“We did all these things without raising sales taxes and with limited one-shot revenue sources while increasing the surplus to put the State on a stronger financial foundation for years to come. This budget will serve the people of New Jersey well.”