New Jersey Budget

(NJ state senate president Steve Sweeney, in 2012 file photo.  Credit: David Madden)

Senate Democrats Want To Reinstate ‘Millionaires Tax’ To Balance New Jersey’s Budget

With a week and a half before New Jersey must legally adopt a new budget, senate Democrats have presented their alternative to Governor Chris Christie’s plan to slash pension payments to balance the spending plan.

06/19/2014

(credit: CBS 3)

Local Expert: Governor Christie’s Pension Cuts Could Prove Costly

New Jersey Governor Chris Christie’s decision to reduce payments into the state’s pension fund to bridge an $800M immediate revenue shortfall could have serious repercussions far away from Trenton.

05/26/2014

FILE New Jersey Gov. Chris Christie. (credit: Jeff Zelevansky/Getty Images)

A Battered Christie To Unveil New Jersey Budget Proposal

New Jersey Governor Chris Christie will announce his budget plan Tuesday for the fiscal year starting July 1, also the deadline for the Democrat-controlled Legislature to approve a plan.

02/23/2014

(The New Jersey governor's office, in Trenton.  File photo)

Private Signing Ceremony Set For New Jersey’s 2013-14 Budget

Governor Chris Christie was expected to quietly sign the new budget for New Jersey by the end of the day Friday.

06/28/2013

(NJ governor Chris Christie, in file photo.  Credit: Scott Olson/ Getty Images)

Governor Christie Turns Up Pressure On Democrats To Approve Budget In New Jersey

Despite lower than expected revenues, Governor Chris Christie wants taxes cut, and says he won’t sign a budget without one.

06/14/2012

(The New Jersey state capitol, in Trenton.  File photo)

New Jersey Officials Wrestling With State’s Tax Revenue Shortfall

New Jersey’s economic recovery has not been as robust as state forecasters had anticipated. As a result there is a revenue shortfall, the size of which is now being debated by legislators in Trenton.

05/23/2012

(File photo by John Ostapkovich)

N.J. Budget Expert Disputes Gov. Christie’s Aggressive Growth Projections

The governor gets his revenue projections from the state treasurer and puts them in his budget. Legislators turn to their own expert in the Office of Legislative Services (OLS).

03/27/2012

(Video frame from Gov. Christie's budget address.)

Gov. Christie Proposes a Tax-Cutting Budget To NJ Legislature

It contains an income tax cut and more money in several key areas, including a massive payment into the public worker pension fund.

02/21/2012

(Visitors go aboard the Battleship New Jersey, on the Camden waterfront.  Credit: Steve Tawa)

Battleship New Jersey Struggling After Getting Dropped From State Budget

Berthed on the Camden waterfront, the most decorated battleship in US naval history took one across the bow in Gov. Christie’s state budget.

08/24/2011

(The New Jersey state capitol in Trenton.)

NJ Lawmakers Examine Effects Of Budget Cuts on Those In Need

Depending on whom you talk to, these hearings are either a necessary sounding board for those in need, or unnecessary and potentialyl dangerous political theatre.

07/21/2011

(Photo by Mark Abrams)

Camden Mayor Relieved Gov. Christie Will Allow ‘Transitional’ State Aid To Flow

Camden’s mayor is expressing relief over a reversal by Gov. Chris Christie after he initially canceled the state’s transitional aid program to distressed communities.

07/20/2011

(The New Jersey state capitol.  File photo)

Dems In NJ State Senate Force More Votes On Veto Overrides, Without Success

Democratic state senators, needing some Republican support to override the governor’s vetoes, got none.

07/12/2011

(File photo)

Camden, NJ Braces For Worse Times After Gov. Christie Slashes Urban Aid

Last week’s budget cuts from Trenton could leave financially distressed urban areas like Camden in serious trouble.

07/06/2011

(Photo by David Madden)

NJ Gov. Christie Signs Bill Cutting Public Employee Benefits

Christie says the move is necessary to shore up the state’s badly underfunded retirement systems. He predicts New Jersey’s fix will be emulated nationally by other states facing similar shortfalls.

06/28/2011

(AP file photo)

Court Overrules Gov. Christie, Orders More Spending For NJ’s Neediest Schools

A ruling Tuesday from the New Jersey Supreme Court orders the state to spend more money on the poorest school districts despite Governor Chris Christie’s efforts to balance the budget.

05/24/2011

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