Chris Christie Optimistic About On-Time Budget Deal
Gov. Chris Christie says he's optimistic he and the Democrat-led Legislature will strike an agreement on a state budget by the June 30 deadline.
Appearing on Townsquare Media's "Ask the Governor" program Tuesday, Christie said he expects the two sides to make a deal that does not include his signature tax cut.
Christie wants to phase in a 10 percent tax cut over four years. Democrats have said New Jersey doesn't have the revenue to support the cut.
The governor and legislative leaders also disagree over whether the administration's revenue collections will realized.
Other aspects of the $32 billion budget are less controversial.
Christie says administration and legislative staff members are working out budget details behind the scenes, and remaining issues will be worked out between him and legislative leaders.
(Copyright 2013 by The Associated Press. All Rights Reserved.)