state budget

Governor Chris Christie signed into law a constitutionally balanced budget that delivers on key priorities without raising taxes.

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Gov. Chris Christie is berating Democratic state lawmakers in a bid to get them to guarantee New Jersey residents a tax cut starting in January.

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The State Senate has already passed the Democrat-sponsored $31.741 billion State Budget bill. The Assembly is scheduled to vote on the measure today as well. Heading into the Assembly vote, Democrats have exactly the 41 votes needed for passage, but one of the ‘yes’ votes isn‘t in Trenton yet.

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The full State Senate has approved the Democrat-sponsored $31.741 billion State Budget today.

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Two Democrats who were among a faction threatening to tie up the state budget unless a fast-moving higher education overhaul bill was delayed have backed down.

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The Senate and Assembly budget committees are scheduled to consider the $32 billion State Budget bill today along with legislation to increase the state sales tax on millionaires. Democrats are sponsoring both measures. They have also added some spending to the plan, almost $130 million.

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Democrats who chair the New Jersey Legislature's budget committees are confident they've got enough votes to send their spending plan to the governor's desk.

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In a sign of lingering economic uncertainty, tax collections fell short of the Christie administration’s estimates for the third straight month, according to figures released Friday by the Treasury Department.

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Senate Democrats appear ready to embrace the tax cut Gov. Chris Christie wants, if New Jersey can afford it.

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We should have a much better idea tomorrow if you can expect a tax cut this year.

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