State Legislature Takes Action

We are currently paying more than $2.00 per gallon for gasoline, a major increase over this time last year. A definite hit in the wallet for all of us.

So what are our esteemed representatives planning on doing about it? Well, raising taxes to increase the price even more of course:

Last month, Gov.-elect Jon S. Corzine told reporters that he had not ruled out an increase in the search for solutions to the state's transportation funding crisis. Just a few hours earlier, Senate Majority Leader Bernard Kenny (D., Hudson) said he would introduce legislation in the new year to authorize an increase. Another bill is planned for the Assembly, where revenue-raising proposals must originate.

The stakes are high, and time is short: Without an infusion of cash, experts say, the state Transportation Trust Fund's revenue and debt payments will cancel each other out come July 1, the start of the next budget year. That will leave no money to pay for state road and mass-transit projects - and none to secure more than $1 billion a year in federal matching funds.

This wasn't addressed when McGreevey was in office and Codey let it slide because he was an interim leader.

How could the legislature let this get to this point?

Cross posted at Evesham Forum