Governor Chris Christie’s decision to cut New Jersey’s pension contributions to balance the budget for two years will swell the system’s unfunded liability by more than $2 billion, Treasurer Andrew Sidamon-Eristoff said.
New Jersey faces a deficit of almost $2.7 billion over the next 13 months, the legislature’s budget and finance officer told lawmakers a day after Governor Chris Christie announced pension cuts to balance two budgets.
New Jersey Governor Chris Christie said he’ll reverse course on promised pension contributions this year and next, cutting back to balance the budget after revenue fell short of his goals by as much as $875 million.
New Jersey Governor Chris Christie, enjoying record approval ratings for his response to Hurricane Sandy, will seek a second term next year to help rebuild the state after its coastline was ravaged by the storm.
New Jersey Governor Chris Christie, who once urged reporters to “take the bat out” on a 76-year- old legislator, called union leaders “political thugs,” and a lawmaker “numbnuts,” is saying he’s sorry for his latest remarks.
New Jersey Governor Chris Christie left the strobe lights home when he resumed his town hall meetings yesterday. The politician, who’s spawned dozens of viral video clips with his confrontations with teachers. lawmakers and even a combat veteran, took it down a notch.
New Jersey Governor Chris Christie , a Republican who secured a $29.4 billion budget deal with Democrats controlling the Legislature, may face a tougher test as he presses to limit the highest property taxes in the U.S.
New Jersey Governor Chris Christie knew about lane closures at the George Washington Bridge as they occurred in September, according to a lawyer for David Wildstein, his former ally at the Port Authority of New York and New Jersey.
New Jersey Governor Chris Christie, addressing lawmakers amid investigations into political retribution, laid out his second-term agenda beginning with a fresh acknowledgment of his administration’s errors.