Christie's New NJ Budget: $34.4B Spending Plan Tackles Pension Payments But Not Tax Cut
Christie said he fixed the pension problems three years ago. Now he wants to go back to public workers for more.
Via NJ.com:
By Jenna Portnoy and Salvador Rizzo/The Star-Ledger
TRENTON — There was no talk of a Jersey comeback, no bold calls for tax cuts. And no raucous applause.
A reserved Gov. Chris Christie on Tuesday proposed a $34.4 billion state budget and delivered a dire warning — complete with a line from Gandhi and a cautionary tale about bankruptcy in Detroit — that the state faces fiscal doom without another overhaul of the public workers’ retirement fund.
Christie promised to make the full $2.25 billion pension payment in his spending plan. But he conceded that the pension changes he trumpeted three ...