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.
Seven in 10 New Jersey residents have never heard of Lieutenant Governor Kim Guadagno, who would be the state’s chief executive if Republican Chris Christie wins a second term and then leaves amid a 2016 presidential bid.
More than half of New Jersey voters say they believe a report that found Governor Chris Christie had no involvement in politically motivated traffic jams was conducted mainly to help his reputation, not as a fair and unbiased investigation.
A top Chris Christie aide told a Port Authority of New York and New Jersey executive that it was “time for some traffic problems” a few weeks before surprise lane closings on the George Washington Bridge backed up miles of road in a town whose mayor didn’t endorse the governor.
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.
Barbara Buono mingled at a senior citizen’s picnic in northern New Jersey last week, introducing herself as Governor Chris Christie’s Democratic challenger while people eating boxed lunches listened quietly.
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.