>
Wall Street experts dissect Gov. Christie’s budget proposal
Financial experts on Wall Street picked apart Gov. Chris Christie’s $32.1 billion budget Friday, casting doubt on the state’s robust revenue estimates and warning that New Jersey would have trouble weathering economic setbacks.
The somber assessment by Standard & Poor’s — coming days after Christie unveiled his fiscal plan and then set out on a tour of talk shows and a town hall meeting — was in sharp contrast to the governor’s rosy view that the state’s “fiscal house is now in order.” (Rizzo, The Star-Ledger)
