NJECPAC & NJ-IEC Partnering to Protect You And Your Business

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New Jersey, United States
NJECPAC is a Continuing Political Committee (CPC). A CPC is any group of two or more persons acting jointly, or any corporation, partnership, or any other incorporated or unincorporated association, civic association or other organization, which in any calendar year contributes to aid or promote the candidacy of an individual, or the candidacies of individuals, for elective public office, or the passage or defeat of a public question or public questions, lobby for the passage or defeat of certain legislative bills introduced in the NJ Legislature in accordance with N.J.S.A. 19:44A-8(b). A CPC is frequently referred to as Political Action Committee (PAC). The NJECPAC was formed to provide funding for legislative initiatives of its members and its member organizations representing the interests of Electrical Contractors, Small Businesses and Taxpayers throughout the State of New Jersey.

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Friday, April 9, 2010

“Our State Has Been Brought To Its Knees And We Are On The Brink Of Insolvency"

Opening Statement of Senator Anthony Bucco
Budget Hearing, April 8, 2010

“Our State has been brought to its knees and we are on the brink of insolvency.

“A recession was a major factor. But the policies of Democrat governors and past Democrat Leaders of the Legislature made things worse. The problem is spending, Even a former Democratic Treasurer acknowledged that this state has a ’spending problem’ not a revenue problem.

“More than 100 taxes were imposed or increased over the last 8 years. These taxes made New Jersey uncompetitive and killed jobs. They helped drive our unemployment rate higher than our neighbors — to 10%.

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