New Jersey Senate Democrats proposed a rival to Governor Chris Christie’s budget plan that would make a full pension payment while raising taxes on corporations and the wealthy.
To push his first-term agenda, Republican Governor Chris Christie had no greater booster than Senate President Stephen Sweeney, New Jersey’s top-ranking elected Democrat.
Governor Chris Christie has leverage in the dispute with New Jersey Democrats and public-employee unions over pension-payment cuts because of the power of his office and the pace of the courts.
"One key benefit of having Iliad as a suitor is it would not be a '4 to 3' deal like TMUS/ S is. It would have a much easier time getting regulatory approval."
- Stephen Sweeney on Jul 31, 2014