Build a Better New Jersey - Promises Made Promises Kept

"I promised to cut government spending - we did it - keeping state spending below the rate of inflation for two consecutives years."

Sound Fiscal Management

While the previous administration doubled spending and tripled the State's debt, the McGreevey Administration kept spending below the rate of inflation for two consecutive years. Governor McGreevey eliminated $14 billion in deficits without raising the income or sales tax. He also dedicated over half of the State's budget in 2003 to property tax relief. By forcing the State to live within its means, he is bringing fiscal responsibility back to the Garden State.

According to Rutgers Economist, Joseph Seneca, New Jersey's economy has been outperforming the national economy.
Closed over $1 billion in corporate tax loopholes.
Dedicating over one half of the State budget - more than $12 billion in 2003 - to provide direct property tax relief.
Eliminated $14 billion in budget deficits without raising sales or income taxes.
Reduced state spending for two years in a row, keeping overall government spending below the rate of inflation.
Merged the New Jersey Turnpike and the Garden State Parkway authorities to reduce bureaucracy and prevent a toll increase.
Held open-ended forums around the State to find new ways to reduce the property tax burden on New Jersey's working families.

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