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Cory Booker on Budget & Economy

Paying your fair share isn't class warfare, it's patriotism

This platform is a clear choice between economic pathways: forward or back, inclusion or exclusion, grow together as a nation or be a country of savage disparities that favor the fortunate few over the greatest driving force of any economy--a large and robust middle class.

And when your country is in a costly war, with our soldiers sacrificing abroad and our nation facing a debt crisis at home, being asked to pay your fair share isn't class warfare--it's patriotism.

We choose forward. We choose inclusion. We choose growing together. We choose American economic might and muscle, standing strong on the bedrock of the American ideal: a strong, empowered and ever-growing middle class.

Endorsed Gov. Christie's property tax agenda

Still, nothing had passed by the time the legislature approved the state budget in late June--typically, the time when its summer recess begins. Christie instead ordered the legislature into a special session to address property tax reform.

The first municipal spending cap votes were held in April 2011, though few municipalities--only 14 of the state's 566 cities and towns--sought voters' permission to exceed the 2% cap. Christie's plan had worked.

Replace spending with tax incentives to stimulate hiring

Booker said Obama is introducing policies similar to Kemp's, such as tax incentives for businesses that reinvest in the economy. "Over the last 3-plus years [Obama] has cut taxes on small businesses 17 times," Booker said. "Giving businesses tax incentives to hire people coming back from Iraq and Afghanistan; ideas that to me seem like every American, regardless of your party, should stand up and embrace."

Budget crisis: cut $60M in spending; cut municipal taxes