Robert Menendez Jr. actually said...
Now, when you lose 20 percent of your ratable base--I was a mayor for 6 years--that is a nightmare because there is no way to make it up except for shifting the responsibility for that community's cost to all of the other ratepayers and/or dramatically cutting the various central services.
Context
Menendez describes the severe impact of losing tax revenue on community services.
12/19/2012