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Will Newark Budget Include Property Tax Cut?

Newark mayor and Senate hopeful Cory Booker says homeowners will see a reduction in property taxes on their next bill.

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Governor's Office/Tim Larsen
Governor's Office/Tim Larsen
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What’s The Big Deal About The Sequester? [VIDEO/AUDIO/POLL]

At the end of last week, there was a great deal of talk about the horrible effects across the nation that would take place if the automatic federal budget cuts that were triggered by the sequester took effect.

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Senate President Steve Sweeney and State Senator Paul Sarlo
Senate President Steve Sweeney and State Senator Paul Sarlo tour beach damage from Sandy. (Senate Democratic Office)
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Democrats Says Budget Cuts Needed Now [AUDIO]

Democratic leaders in the legislature say New Jersey's budget was in serious trouble long before Sandy battered the Garden State. They claim there is a huge revenue shortfall in the current fiscal year's spending plan and they strongly believe things are only going to get worse. Democrats say the time to indentify cuts is now.

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Governor Chris Christie
Governor's Office, Tim Larsen
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Chris Christie Nixes Faster Budget Reporting

Gov. Chris Christie has conditionally vetoed a bill that would have required more prompt reporting each month of state finances and expanded the areas covered by the law.

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Dave Huss, Getty Images
Dave Huss, Getty Images
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Could America Slip Back Into a Recession?

The consequences could be severe, according to the Congressional Budget Office, if Congress can't find a way to keep tax cuts from expiring and to keep automatic spending cuts from taking effect in January.

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Governor Chris Christie begins his Endless Summer Tax Relief Tour in Manasquan
Governor Chris Christie begins his Endless Summer Tax Relief Tour in Manasquan (Tim Larsen, Townsquare Media NJ)
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Christie Starts Round Of Tax Cut Forums

Gov. Chris Christie is asking residents to email Democrats to demand a tax break.

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Money
Flickr User Keith Ramsey
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State Revenues Down $50-100M Before Fiscal Year Ends: Budget Chief

The New Jersey Legislature's budget office says state revenues are likely to fall another $50 million to $100 million short of projections before the fiscal year concludes.

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Vincent Prieto
Vincent Prieto (Facebook)
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Chris Christie’s “Comeback” Is A Myth Says Assembly Budget Boss

Early revenue numbers suggest that New Jersey’s business and income tax collections are lagging behind estimates. The final tally from income tax revenue is pending, but the chairman of the Assembly Budget Committee is already on the offensive attacking what Governor Chris Christie calls the ‘New Jersey Comeback.’

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State Senator Paul Sarlo
State Senator Paul Sarlo (NJSenDems.com)
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NJ Budget Panel To Get Latest Revenue Estimates [AUDIO]

How much you will pay in taxes, how your kids' schools are funded and more will be decided by the State Budget.

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Vincent Prieto
Vincent Prieto (Facebook)
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New Assembly Budget Boss Sets Priorities [AUDIO]

Budget season is ramping up in New Jersey. For the past decade Lou Greenwald has been chairman of the Assembly Budget Committee, but there's a new sheriff in town and his name is Vinnie Prieto.

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