Posts tagged NJ fiscal crisis

Trenton

NJ Politicians Not Likely to Face Up to Fiscal Crisis Before 2017

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NJ Politicians Not Likely to Face Up to Fiscal Crisis Before 2017 Good news, not bad, plays well with voters in election year, according to political scientists By Mark J. Magyar, April 29, 2013 in More Issues New Jersey faces a major long-term fiscal crisis that it should deal with now, but don’t [...]
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State aid to North Jersey towns flat under Christie budget plan

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Christie at Elmwood park State aid to North Jersey towns flat under Christie budget plan Wednesday, February 27, 2013    Last updated: Wednesday February 27, 2013, 6:31 PM BY  JOHN REITMEYER STATE HOUSE BUREAU The Record Related: North Jersey proposed municipal aid by town The state will increase [...]
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A bit Late : Wall Street warns Christie to avoid election-year budget moves

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Christie in Elmwood Park A bit Late : Wall Street warns Christie to avoid election-year budget moves By Salvador Rizzo/The Star-Ledger on February 24, 2013 at 12:10 PM, updated February 24, 2013 at 6:08 PM Editors Note : We had to laugh when we saw this article , its funny Wall Street never seemed [...]
drunk

NJ faces $2B budget shortfall, but Christie holds out hope

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state spending worse than drunken sailors NJ faces $2B budget shortfall, but Christie holds out hope With six months left in the fiscal year, New Jersey needs a nearly 12 percent growth spurt in tax collections to stave off possible cuts in education aid, property tax relief or the public employee [...]
drunken-sailors

Audit shows state missed 2012 revenue projections to sustain $2 Billion spending increase

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State of NJ still spending like drunken sailors Audit shows state missed 2012 revenue projections to sustain $2 Billion spending increase Thursday, January 10, 2013 BY JOHN REITMEYER STATE HOUSE BUREAU The Record Governor Christie’s $31.7 billion budget projects more than 7 percent revenue growth. [...]
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Budget task force sees major fiscal challenges ahead for N.J.

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Budget task force sees major fiscal challenges ahead for N.J. Thursday, December 13, 2012    Last updated: Thursday December 13, 2012, 1:56 PM BY  JOHN REITMEYER STATE HOUSE BUREAU The Record No matter who wins the 2013 gubernatorial election, New Jersey will continue to face some steep fiscal [...]
Governors Race Debate

Ticking time bomb of debt: State budget crisis report says some problems ‘decades in the making’

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Ticking time bomb of debt: State budget crisis report says some problems ‘decades in the making’ New Jersey is a prime example of how states could be crushed by debt over the next few decades, according to a comprehensive report released by national economic experts Tuesday. The study by the State [...]
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Business advocates praise Christie’s line-item vetoes

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Business advocates praise Christie’s line-item vetoes Gov. Chris Christie’s move to veto $361 million from the state’s $31.7 billion budget drew immediate praise from business advocates on Friday evening. The line-item vetoes by the governor trimmed spending across a range of services, including [...]
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Christie makes good on veto threat for $31.7 billion N.J. budget

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Christie makes good on veto threat for $31.7 billion N.J. budget Governor Chris Christie, with little more than a day to go to meet a statutory deadline, erased $361 million in Democratic spending initiatives before he signed a $31.7 billion New Jersey budget for fiscal 2013. The first-term [...]
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Christie says no tax hikes despite revenue shortfall

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Christie says no tax hikes despite revenue shortfall A 12-year-old girl told Governor Christie that she didn’t think people were talking about important issues at Wednesday’s town-hall style event held across the street from her school. The governor agreed, and went onto criticize politicians in [...]
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New Jersey lawmakers can be stunningly tone-deaf when it comes to ethical missteps

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New Jersey lawmakers can be stunningly tone-deaf when it comes to ethical missteps New Jersey lawmakers can be stunningly tone-deaf when it comes to understanding how their actions appear to the public. Or maybe they just don’t care. Consider, for instance, Assemblyman John Wisniewski, [...]
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Christie reaches agreement with largest public workers union

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Christie reaches agreement with largest public workers union New Jersey Governor Chris Christie and the state’s largest union announced a tentative four-year contract agreement that increases pay, reduces clothing allowances and recognizes a new law raising workers’ benefit costs. Specifics of the [...]
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