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nj state budget

Governor Chris Christie gives the Budget Address in the Assembly Chambers at the Statehouse in Trenton, N.J. on Tuesday, Feb. 25, 2014. (Governor's Office/Tim Larsen)
Governor Chris Christie gives the Budget Address in the Assembly Chambers at the Statehouse in Trenton, N.J. on Tuesday, Feb. 25, 2014. (Governor's Office/Tim Larsen)
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NJ Faces a $526 Million Revenue Shortfall

New Jersey revenues are projected to fall $526 million behind Gov. Chris Christie's projections for the coming fiscal year, a top budget analyst for the non-partisan Office of Legislative Services told the State Senate Budget Committee Tuesday.

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NJ Senate President Steve Sweeney
State Sen. Pres. Steve Sweeney (David Matthau, Townsquare Media NJ)
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Dems: NJ Can’t Afford Tax Cut Right Now [AUDIO]

Senate President Steve Sweeney talked about a variety of issues related to the state budget, including the possibility of reviving a revenue boosting bill that Gov. Christie has already vetoed three times.

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Governor Chris Christie during Ask the Governor
Governor Chris Christie during Ask the Governor (Governor's Office/Tim Larsen)
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Top NJ Democrat Threatens Government Shutdown

At a State House press conference, the Senate president and Senate Budget Committee chairman talked about New Jersey’s current financial situation and they drew a line in the sand.

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Governor Christie signs state budget
Governor Christie signs state budget (Governor's Office via Facebook)
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Christie Signs $32.9B State Budget

 New Jersey Gov. Chris Christie has signed a $32.9 billion state budget.

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NJ Legislature
New Jersey Legislature (Tim Larsen, Governor's Office)
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NJ Budget Deal Could Be Close

In February, Governor Chris Christie proposed a $32.9 billion State Budget. Hearings on the spending plan have been going on for months and closed-door negotiations have been taking place for weeks. The constitutionally mandated deadline for a signed and balanced budget is midnight June 30, but it appears the process is way ahead of schedule.

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NJ Legislature
New Jersey Legislature (Tim Larsen, Governor's Office)
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NJ State Budget on Track For Early Approval

Legislative leaders in New Jersey are hoping to strike a deal on Gov. Chris Christie's $32.9 billion budget as early as Monday.

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