If Governor Chris Christie gets his way, New Jersey will spend less money next Fiscal Year than it did in 2008. Relying on a modest 5-percent growth in the economy, Christie hopes to fund education at an all-time high level. He is also planning to expand Medicaid to allow the federal government to pick up $227 million in costs.
New Jersey Governor Chris Christie delivered his budget address to a joint session of the legislature at the Statehouse. Watch video and listen to the speech.
A New Jersey lawmaker says Gov. Chris Christie has decided to extend Medicaid coverage to more low-income New Jersey adults in a decision to implement a major slice of President Barack Obama's health insurance overhaul.
Wall Street is already wagging its finger at Governor Chris Christie warning of credit downgrades if the state budget proposal he lays out this afternoon is not on the up and up.
Automatic spending cuts will kick in this Friday if lawmakers in Washington can't reach a deal. If the sequester does become a reality, New Jersey could get less federal Sandy relief aid than originally anticipated.