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nj budget

Money
Andrew Unangst, Getty Images
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NJ Treasurer Explains Tax Cut Benefits [AUDIO]

New Jersey will collect $2.75 billion less in revenue than Gov. Chris Christie originally anticipated through the end of the next fiscal year, but his treasurer told the Assembly Budget Committee on Wednesday that an argument could still be made for tax cuts.

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Gov. Chris Christie
Kevin McArdle, Townsquare Media NJ
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WATCH: Christie to Cut Pension Payments by $2.5B [POLL/VIDEO/AUDIO]

Watch the Assembly budget committee meet as Gov. Chris Christie announces plans to slash the state's contribution to the public workers' pension system by almost $2.5 billion for the combined fiscal years.

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Gov. Chris Christie
Jessica Kourkounis, Getty Images
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Analysts: Budget Cuts Were ‘Predictable’ [AUDIO]

Political observers say with Christie possibly considering a 2016 presidential run, the move to slash the public worker pension fund contribution by $2.75 billion was completely predictable.

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Governor Chris Christie gives the Budget Address in the Assembly Chambers at the Statehouse in Trenton, N.J. (Governor's Office/Tim Larsen)
Governor Chris Christie gives the Budget Address in the Assembly Chambers at the Statehouse in Trenton, N.J. (Governor's Office/Tim Larsen)
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Christie to Offer Budget Adjustments This Week

Gov. Chris Christie says the administration's proposals for closing an $800 million budget shortage should be ready by mid-week.

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Gov. Chris Christie Delivers Fiscal Year 2015 Budget Address
Jeff Zelevansky, Getty Images
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NJ Treasurer: All Spending Cuts on Table [AUDIO]

There is an $807 million shortfall in the current year's budget and the Fiscal Year ends in less than two months. How does Gov. Chris Christie's administration plan to plug that gap?

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Money
Chung Sung-Jun, Getty Images
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NJ Tax Collections Far Short of Projections

New Jersey's Treasury Department anticipates that tax collections will be off by $807 million for the fiscal year ending June 30, forcing late cuts to keep the budget in balance.

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Senate President Steve Sweeney
Senate President Steve Sweeney (Kevin McArdle, Townsquare Media NJ)
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Sweeney: We’ll Be Able to Reach a Budget Deal [AUDIO]

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.

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money
ThinkStock
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NJ Voters Tackle Budget Woes [AUDIO]

Having no problem admitting the state's financial situation is dismal, New Jersey voters sound off in a new poll on how to address the issue.

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Money Stack
Don Farrall, Getty Images
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NJ Could Have Had an Extra $3.3 Billion [AUDIO]

The top budget analyst with New Jersey's nonpartisan Office of Legislative Services has informed Senate and Assembly budget committees that if the Garden State's economic rebound mirrored national performance, the state would have had roughly $3.3 billion more to spend in the current year's budget.

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The Statehouse
Governor's Office, Tim Larsen
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State Budget Hearings Begin Next Week [AUDIO]

New Jersey lawmakers are preparing to hold a series of budget hearings that begin next week.

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