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Bond rating for New Jersey is now the second worst in nation

New Jersey's bond rating is now the second worst in the nation. While many taxpayers may think that doesn't impact them, it does. A weak credit rating will translate into higher interest rates when the state needs to borrow money, and it's the taxpayers who foot the bill.

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New Jersey Gov. Chris Christie delivers his budget address, Tuesday. (AP Photo/Mel Evans)
New Jersey Gov. Chris Christie delivers his budget address, Tuesday. (AP Photo/Mel Evans)
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Chris Christie’s $33.8 billion budget for NJ – paying more, getting less?

TRENTON, N.J. (AP) -- Gov. Chris Christie's $33.8 billion budget won't go anywhere in the Legislature without a green light from Democratic leaders, and so far their reaction amounts to more of a yellow caution light.

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Pile of Money
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Jersey mayors are hoping to receive more state aid

New Jersey's mayors are crossing their fingers that they will see more money coming to their municipalities from the state in the future.

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Pile of Money
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New Jersey revenue running ahead of projections

State data shows New Jersey's government revenue was above Gov. Chris Christie's administration's projections for the first half of the fiscal year.

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David Mathau and Eric Scott
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A look at the governor’s summmer plans, the end of bipartisanship

In this edition of Political Bytes, David Matthau, Joe Cutter and I discuss what's on tap for Governor Christie this summer and whether or not this is the beginning of the end to bipartisanship as we know it

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Discussing the NJ Legislature’s Recent Budget Approval [VIDEO]

In this edition of our weekly Political Bytes videos, State House reporter Kevin McArdle and I discuss the state budget, which was approved Thursday by the NJ Legislature. We also discuss Gov. Chris Christie's potential response to the millionaire's tax that was included in the spending plan.

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Category: Political Bytes Tags:
Screen Shot 2014-06-19 at 5.25.50 PM
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A look at the state budget, legalizing marijuana

In this edition of our weekly Political Bytes videos, State House reporter Kevin McArdle and I discuss the the state budget as well as Gov. Chris Christie's stance on the issue of legalizing recreational marijuana.

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Gov. Christie, interviewed by Eric Scott, on 'Ask the Governor' Monday night. (Photo by Kira Buxton)
Gov. Christie, interviewed by Eric Scott, on 'Ask the Governor' Monday night. (Photo by Kira Buxton)
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Christie Says the State Will Not ‘Close Down’ [POLL]

A New Jersey court will hear arguments June 25 in a lawsuit seeking to stop Gov. Chris Christie from slashing the current fiscal year's pension payment from a projected $1.6 billion to pay $696 million, knocking this year's budget out of balance. Christie said Monday night that a negative ruling by the court will not result in a government shutdown.

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Gov. Chris Christie delivers his budget address
Gov. Chris Christie (Jeff Zelevansky/Getty Images)
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Lawmakers Seek Public Input on NJ Budget [AUDIO]

Members of the public are invited to give input on the governor's proposed $34.5 billion state budget during a series of public hearings, and lawmakers say the feedback is "critical."

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(Credit: Pekka Jaakkola, ThinkStock)
(Credit: Pekka Jaakkola, ThinkStock)
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Christie’s Online Tax Collection Plan Could Generate Revenue [AUDIO]

In his state budget address, Gov. Chris Christie proposed forcing online-only retailers to collect New Jersey's seven-percent sales tax and turn that revenue over to the state. If you think this means a tax increase for you, think again. Consumers are already required to pay the tax, but many don't.

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