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This borrowing is irresponsible, unnecessary and unconstitutional. If allowed to happen, it will mean higher taxes and an even less affordable New Jersey for generations to come.
With my participation in this lawsuit, the legal team now includes my campaign attorney, Mark Sheridan, who successfully argued the Supreme Court case against Governor McGreevey’s unconstitutional borrowing in 2004.
Assemblyman Jay Webber, who worked in partnership with Mr. Sheridan on that case, has also agreed to join us as both attorney and plaintiff.
I am grateful for their participation and confident that we have the best team on the field.
More state debt is terrible fiscal policy. More state debt is a violation of taxpayers. And more state debt to balance our state budget is an unconstitutional act that demands a Supreme Court challenge, which is exactly what the Governor now has.