State Senator Anthony M. Bucco, (R-25), was the featured guest at the Feb. 5 Morris County ELC meeting where taxes, the financial impact of the state’s new Energy Master Plan, as well as the need for the State to show greater fiscal responsibility, were discussed.
Attendees heard from Morris County Freeholder John Krickus as well. Both Bucco and Krickus discussed the need for greater fiscal responsibility, noting that while Morris County has done an excellent job at keeping county spending and county property taxes lower than other counties, the State needed to focus on making New Jersey more affordable.
Bucco expressed concern about tax increases that are expected to be proposed in Gov. Phil Murphy’s new state budget on Feb. 25 and the governor’s new Energy Master Plan requiring the state to convert to 100% clean energy by 2050, which he called unrealistic. He also said Executive Order 100, which directs regulatory authorities to consider climate impacts before approving projects, could prove to be even more burdensome for New Jersey businesses.
On the positive side, Bucco discussed the Legislature’s Manufacturing Caucus and the bipartisan pro-business work that has been going on there.