The Senate on Thursday voted to approve $3 billion in economic development aid for New York.
The Senate passed the bill by a vote of 50-50, with Sen. Bob Casey (D-Pa.) voting in favor of it.
Democrats opposed the bill, which they said would hurt small business owners and small businesses, the elderly and people with disabilities.
The bill would also increase the state’s property tax and sales tax to pay for the aid.
In an interview with Fox News, Sen. Sherrod Brown (D) said the legislation is important, but said he’s concerned about how the Senate will use the money.
“I’m a little worried about the amount of money that’s going to go to small businesses,” Brown said.
“I think the small business owner has to be the one who’s going first in the negotiation.
And I’m concerned that it’s going in the wrong direction.
The last thing that you want is to take $4 billion away from the state and send it to Washington, D.C. We’re the ones who pay taxes.
And we have to keep it that way.
We’ve got to balance the budget.”
Sen. Joe Manchin (D), who has been a key supporter of the bill in the Senate, said the state should receive the help to grow the economy.
“This is not a money-losing measure,” he said.
“[The legislation] will create tens of thousands of jobs and thousands of new businesses and provide more than $100 billion in aid to our economy over the next decade.”
And that is a significant economic boost to our state.
I look forward to working with my colleagues in the future to address this issue and provide these benefits to the people of New Jersey,” Manchin added.