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.
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.
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.
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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