Clock ticking for Atlantic City, as Christie signs financial rescue plan
Gov. Chris Christie signs the bills that help Atlantic City avoid bankruptcy but give the city five months to fix its finances. If it can't, the state takes over.
Atlantic City bankruptcy
Does Atlantic City deal merely delay inevitable takeover?
It will be challenging for city officials to identify the cuts needed within five months to balance their budget. Refinancing its debt would be a big help.
Finally: A deal to save Atlantic City from bankruptcy is set to pass
Mayor Don Guardian said “it’s going to be a tough road” for city and union officials to make the cuts needed to balance the budget.
Christie says bankruptcy may be ‘only option’ as Atlantic City vote fizzles
“If they come up with something, great,” Christie said of a legislative compromise. “If they don’t, then bankruptcy would be the only option. And while I would regret having to go down that road, it is a road that I will have no choice but to go down.”
As Atlantic City runs out of money, crucial vote in Assembly
A crucial vote is set for Thursday in the Assembly, which is pursuing its own alternative to an Atlantic City takeover as default or bankruptcy inches closer.
NJ lawmakers ask where state was while Atlantic City unraveled
Gov. Chris Christie’s designs on a takeover of Atlantic City endured a withering critique Monday in the Assembly Budget Committee.
Atlantic City standoff: Christie blasts Assembly speaker as ‘water boy’
Gov. Chris Christie ties the Atlantic City takeover standoff to Democratic gubernatorial politics and calls the Assembly speaker a "water boy" for Jersey City's mayor.