Jim Saxton: “we spend a huge amount of our time in the House of Representatives dealing with budgets and taxes, and we can learn a…”

“we spend a huge amount of our time in the House of Representatives dealing with budgets and taxes, and we can learn a lot from things that go on around this country. Mr. Speaker, last November, the people of New Jersey voted for less government and lower taxes when they elected Christine Todd Whitman Governor of our fine State. The citizens of New Jersey believed Governor Whitman when she promised to take the measures necessary to reduce government spending and cut the massive tax burden punishing the hard workers in our State. Just over 2 weeks ago, Governor Whitman took the first step toward fulfilling her commitment when she signed into law a measure that provides for a 5-percent reduction in the State income tax retroactive to January 1, 1994. She also repealed a business surtax retroactive to the beginning of the year. And just last week, Governor Whitman took the second major step needed in making good on her promise to bring financial sanity and responsibility back to New Jersey. This unprecedented budget actually spends less than last year's budget.”