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Assemblyman Vinnie Prieto
Assemblyman Vinnie Prieto (NJ Assembly Democrats via Facebook)
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Subpoena Power Over Treasurer Sought By Budget Committee [AUDIO]

State Treasurer Andrew Sidamon-Eristoff will have no choice but to testify before the Assembly Budget Committee if the full Assembly approves a new measure passed by the panel yesterday.

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Assemblyman Vinnie Prieto
Assemblyman Vinnie Prieto (NJ Assembly Democrats via Facebook)
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NJ Budget Committee Chief Wants Subpoena Power Over Treasurer [AUDIO]

If you want to know what kind of impact the federal Sandy relief aid will have on New Jersey, it makes sense to ask State Treasurer Andrew Sidamon-Eristoff, right? That's what Assembly Budget Committee chairman Vinnie Prieto thought so he invited the Treasurer to testify before his committee yesterday, but Sidamon-Eristoff was no-show.

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Flickr User 401 (K) 2013
Flickr User 401 (K) 2013
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NJ’s Rainy Day Fund Is Almost Gone [AUDIO]

In less than three weeks, Governor Chris Christie will deliver his Fiscal Year (FY) 2014 State Budget Address in a special joint session of the legislature. The chairman of the Assembly Budget Committee says Christie and lawmakers should be looking into the FY 2012 and FY 3013 spending plans now because the surplus is getting too low for comfort and another disaster, natural or otherwise could cripple us.

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Money
Flickr user: 401(K) 2012
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Is NJ Facing Worst Budget Deficit Ever? [AUDIO]

Super-storm Sandy has devastated the Garden State's economy and the recently approved federal relief package will not cover the total cost of rebuilding and recovering.

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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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NJ Assembly Dems Facebook
NJ Assembly Dems Facebook
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NJ Dems Bash Christie’s State Of The State Address [AUDIO/VIDEO]

Response to Governor Chris Christie's State of the State Address yesterday was as rapid as it was typical. Democrats roundly criticized the speech. Republicans loved the speech.

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Governor Chris Christie
Governor Chris Christie delivers State of the State Address (Mark Wilson, Getty Images)
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Governor Christie Delivers Sandy-Centric State Of The State [VIDEO/AUDIO]

From creating private sector jobs to reining in taxes and spending, Governor Chris Christie did take some time to list his accomplishment from last year, but his State of the State Address was primarily focused on Sandy and the State's recovery from the super-storm.

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budget-300x199
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New Jersey Budget Shortfall Could Hit $2 Billion [AUDIO]

State revenue collections are far below Governor Chris Christie's projections even though they are up very slightly over last year.

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Governor's Office
Governor's Office
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NJ Could Face Huge Budget Shortfall [AUDIO]

We're only a few days into the New Year, but already, New Jersey is facing a significant budget shortfall.

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Henglein and Steets, Getty Images
Henglein and Steets, Getty Images
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NJ Falls Behind In Energy Efficiency Rankings [AUDIO]

A new study of the most energy efficient states in the Northeast shows New Jersey, an early leader, has now fallen behind.

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