nj budget

Although the State Senate Budget Committee did not vote on a budget bill Tuesday as expected, the spending plan legislation should still be put to bed far in advance of the midnight June 30 constitutional deadline.

Backroom negotiations continue today as lawmakers in the State Senate and General Assembly work with Gov. Chris Christie’s Administration to reach a deal on a State Budget. The Senate Budget Committee was expected to approve a budget bill today, but that’s now on hold for up to two days according to Sen. Paul Sarlo, the panel’s chairman.

In February, Governor Chris Christie proposed a $32.9 billion State Budget, and hearings on the spending plan have been going on for months and closed-door negotiations have been taking place for weeks.

In late February, Governor Chris Christie proposed a $32.9 billion State budget.

The New Jersey Legislature's budget analyst now says Gov. Chris Christie's revenue estimates are off by about $700 million.

Today would have been arguably the third most important day of the year in New Jersey's State budget process behind only the Governor's budget address and the signing of the spending plan into law.

The state budget is exactly like a family budget; you can only spend what you have.

The clock is ticking for passage of Governor Chris Christie's tax cut plan.

The New Jersey Assembly voted on dozens of bills yesterday, but it was the inclusion of one piece of legislation that had Republicans blasting their Democratic colleagues.

Last week, Governor Chris Christie first announced his re-tooled tax cut plan on NJ 101.5 FM's Jim Gearhart Show.