Testa: Democrats’ ANCHOR Proposal Is Underwhelming

Republican “Give It Back” Rebates Would Provide Twice as Much Relief, Help Twice as Many People

Senator Michael Testa said the ANCHOR plan announced by Governor Phil Murphy and Democrat leaders today is underwhelming compared to the Give It Back rebates proposed by Senate Republicans.

“The ANCHOR rebates that Governor Murphy and Democrats announced today are underwhelming to say the least,” said Testa (R-1), a member of the Senate Budget & Appropriations Committee. “The ‘Give It Back’ rebates proposed by Senate Republicans would provide double the relief and help twice as many people. This is likely a sign that Democrats are more focused on divvying up billions of pork in the budget than providing New Jersey families with real tax relief this year.”

The ANCHOR rebate plan would provide $2 billion of rebates to two-million people, according to Governor Murphy.

In contrast, the “Give It Back” rebates proposed by Republicans would provide $4.5 billion of immediate relief to four-million New Jerseyans.