budget

Gov. Chris Christie has vowed not to increase taxes, so in order to close the $807 million hole in the current year's budget, deep spending cuts are very likely.

The head of the Senate Budget Committee says New Jersey is facing significant late-year budget cuts because Gov. Chris Christie's administration overestimated how much tax revenue the state would receive.

Will New Jersey's revenue shortfall affect the ability of state officials to hammer out a final budget deal? State Senate President Steve Sweeney doesn't think so.

If New Jersey is going to invest in its most important priorities, the legislature should pass its own budget, and it should include revenue raisers according to Better Choices for New Jersey, a coalition of business groups, environmentalists and labor leaders.

Dozens of groups turned out for a public hearing on Gov. Chris Christie's proposed $34.4 billion state budget proposal at the Statehouse on Tuesday. Most asked for some extra money to be included for their groups, including an advocate for battered women who made a very compelling case for more funds.

At just under $34.5 billion, Gov. Chris Christie’s Fiscal Year 2015 State Budget proposal would be the largest spending plan in state history, but that does not mean New Jersey is flush with cash.

The Democratic-led Senate has rejected conditions that House Republicans attached to a temporary spending bill.

The GOP-controlled House is cruising toward a vote to gut President Barack Obama's health care plan as part of a temporary funding bill to prevent a partial government shutdown on Oct. 1.

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

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.