nj budget

Governor Chris Christie's latest assessment of the damage done by super-storm Sandy puts the recovery price tag at almost $37 billion. Still, the Governor thinks New Jersey can afford a tax cut for the middle class.

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The state Senate Budget Committee kicked off its first hearing into the state's response to Superstorm Sandy, and a major focus will be how to help towns financially recover as they struggle with rebuilding costs and lost tax revenue.

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Before superstorm Sandy slammed New Jersey and plunged millions in to darkness, Governor Chris Christie was consistently berating the Democrat-controlled legislature for not passing a tax cut bill.

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If you lost your home or your vehicles as a result of the wrath of Hurricane Sandy or if you had an extended hotel stay or were forced to keep a generator gassed up, then you know the super storm put a dent in a lot of people's wallets.

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It's easy to get lost in the maze of politics and number-crunching when you hear about a budget deficit, but if New Jersey really is a quarter-billion-dollars in the red for the Fiscal Year that ended June 30 it could affect your wallet.

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His critics say Governor Chris Christie’s projection of 7.2% growth in the economy this year is far too optimistic.

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Revenue collection for Fiscal Year (FY) 2012 missed Governor Chris Christie's targets by more than a quarter-billion dollars according to the non-partisan research arm of the legislature.

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As the Democrat-controlled State legislature returns to Trenton, Governor Chris Christie is on the warpath demanding action on long stagnant initiatives.

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After predicting a much larger shortfall a few weeks ago, the New Jersey Office of Legislative Services is now projecting a much smaller shortfall for fiscal year 2011.

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Revenue collection for Fiscal Year (FY) 2012 missed Governor Chris Christie's targets by more than a quarter-billion dollars according to the non-partisan research arm of the legislature.

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