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Chris Christie's Wobble On Pensions Brings Shutdown Threat: Editorial

The reform had two basic components. Workers were obliged to contribute more while receiving less, and the state was obliged to stop skipping its payments and meet its full obligation within seven years.
Chris Christie's Wobble On Pensions Brings Shutdown Threat: Editorial
NJ Senate President Stephen Sweeney. Image from: Flickr

Via NJ.com:

Senate President Stephen Sweeney now vows to go nuclear and shut down the state government this summer if Gov. Chris Christie breaks his core promise on pension reform.

And so the crisis that budget experts have predicted for years is finally upon us.

The question is whether New Jersey will live up to the commitment made in 2011, when Christie signed a reform that remains his landmark achievement, assuming it survives.

The reform had two basic components. Workers were obliged to contribute more while receiving less, and the state was obliged to stop skipping its payments and meet its full ob...

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