For state Senate President Steve Sweeney (D-3rd District), New Jersey needs to change its ways before it's too late.
"We're in a fiscal crisis," Sweeney told the Somerset County Employer Legislative Committee at a luncheon meeting Friday at Verve Bistro. "We're in trouble. It's scary."
If nothing is done to hold down the cost of public employees' pensions and health benefits and public education, there will be "not many people left" in New Jersey, he said.
Sweeney said he has been visiting county and municipal officials throughout the state to warn about the state's perilous fiscal condition and what needs to be done immediately to "fix New Jersey."
"It's time to have a serious dialogue about how to solve this," he said.
"It's not a Democrat or Republican issue," he continued. "It's a New Jersey issue."
In August, the 25-member Economic and Fiscal Policy Workgroup issued a comprehensive report with 200 recommendations on how to save taxpayer money. That number has been whittled down to 32, Sweeney said.
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