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Governor Chris Christie shakes hands with Senate President Steve Sweeney before giving the Budget Address. (Governor's Office/Tim Larsen)
Governor Chris Christie shakes hands with Senate President Steve Sweeney before giving the Budget Address. (Governor's Office/Tim Larsen)
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Can NJ Afford The Budget That Passed Yesterday? [AUDIO]

The full State Senate and general Assembly approved a nearly $33 billion state budget yesterday.

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Statehouse
Statehouse (NJSenateRepublicans.com)
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NJ Revenues Remain Below Pre-Recession Peak [AUDIO]

When will New Jersey really have its comeback?

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Governor Christie delivers his Budget Address
Governor Christie delivers his Budget Address (Governor's Office/Tim Larsen)
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Is Chris Christie Banking On Phantom Revenues? [AUDIO]

Governor Chris Christie is counting on almost $500 million in revenue that the state may or may not see.

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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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Trenton State House
NJ Assembly Democrats Facebook
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New Jersey’s Budget Shortfall Could Impact You [AUDIO]

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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Assemblyman Vinnie Prieto
Assemblyman Vinnie Prieto (NJ Assembly Democrats via Facebook)
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NJ Treasurer Likely A No-Show At Today’s Budget Hearing

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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Governor Christie at a town hall tour stop in Haddonfield
Governor Christie at a town hall tour stop in Haddonfield (David Matthau, Townsquare Media NJ)
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Governor Christie Goes On An OLS Rant [AUDIO/VIDEO]

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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Governor Chris Christie
Governor's Office/Tim Larsen
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Chris Christie’s Revenue Estimates Off By A Quarter Billion Dollars [AUDIO]

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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Governor's Office/Tim Larsen
Governor's Office/Tim Larsen
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NJ Budget $200 Million In The Hole, Says Analyst [AUDIO]

In a memo sent to budget committee members in the State senate and General assembly yesterday, David Rosen, the legislative budget and finance officer with the non-partisan Office of Legislative (OLS) services writes, "Assuming that the transfers and accruals follow the pattern of recent years and assuming the remaining cash collections match recent months, FY 2012 revenue collections are likely to fall $150-200 million below the FY 2012 targets announced by Treasury in May."

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Property Taxes
Flickr User 401K
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New Jersey Can’t Afford A Tax Cut, Says State Senator [AUDIO]

There are still three competing tax cut plans in Trenton and some sort of deal has to be worked out soon if a one of them is to be included in the State Budget.

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