Menendez Statement on Final Passage of School, State Budget Relief Bill

Menendez Statement on Final Passage of School, State Budget Relief Bill

Legislation estimated to deliver nearly $700 million for New Jersey

Washington - Today, the U.S. House of Representatives gave final passage to legislation meant to prevent teacher layoffs and buoy state budgets, which the U.S. Senate passed last week. The legislation is estimated to deliver $270 million to New Jersey schools and $400 million to the state in Medicaid funding, which will help to avoid possible cuts to services. It is fully paid-for, in large part by ending tax breaks for CEOs that ship American ship jobs overseas. It now heads to President Obama to be signed into law.

U.S. Senator Robert Menendez (D-NJ) is a strong supporter of the legislation and released the following statement:

"This is an investment meant to help keep New Jersey public school class sizes manageable and to keep good teachers in the classroom instead of the unemployment line. This will also help provide the state with broader budget relief to avoid cuts in essential services and to help keep police and firefighters on the job. By ending tax breaks for corporations that ship American jobs overseas, these crucial investments are being delivered in a manner that doesn't burden taxpayers and that helps keep jobs in the U.S."

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