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state budget - Page 2

Governor Chris Christie gives the Budget Address in Trenton, N.J. on Tuesday, Feb. 25, 2014. (Governor's Office/Tim Larsen)
Governor Chris Christie gives the Budget Address in Trenton, N.J. on Tuesday, Feb. 25, 2014. (Governor's Office/Tim Larsen)
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Gov. Christie Proposes $34.4 Billion State Budget [VIDEO,AUDIO]

Gov. Chris Christie’s proposed Fiscal Year 2015 (FY 15) State Budget calls for spending $34.4 billion making the biggest budget ever for the Garden State. The governor said there is a reason for that. Mandated costs are driving up the budget while crowding out spending for other priorities.

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Democratic leaders react to Governor Christie's Budget Address (NJ Assembly Democrats Facebook)
Democratic leaders react to Governor Christie's Budget Address (NJ Assembly Democrats Facebook)
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NJ Dems: Job Growth, Economy Fixes Needed [AUDIO]

New Jersey Democrats responded to Gov. Chris Christie's $34.4 billion state budget Tuesday, calling for more job growth and an increase in state revenue.

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Gov. Chris Christie
Jeff Zelevansky, Getty Images
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Thumbs Down From Unions on Pension Adjustments [AUDIO]

He didn't make any specific suggestions, but during his budget address Gov. Chris Christie did seem to suggest that additional accommodations will have to be made by public sector workers when it comes to their pensions and benefits, because the state simply will not be able to afford to pay out those costs in the future.

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Gov. Chris Christie delivers his budget address
Gov. Chris Christie (Jeff Zelevansky/Getty Images)
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Christie’s Proposals Could Lead to Rifts with Union Leaders [AUDIO]

During his budget address, Gov. Chris Christie trumpeted the idea of expanding educational opportunities, proposing $5 million in grants for schools to come up with different ideas about lengthening the school day, but he didn't offer specifics about how the state would pay for having children in school for more hours.

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Governor's Office/Tim Larsen
Governor's Office/Tim Larsen
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Christie: NJ Hampered by ‘Exploding’ Retiree Costs

Gov. Chris Christie will again take aim at what he calls the `exploding' costs of public employee pensions and health care in his fifth annual budget message.

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New Jersey Statehouse
New Jersey Statehouse (VisionsofAmerica/Joe Sohm, Getty Images)
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Gov. Christie: Make $2.25 Billion Pension Payment

Gov. Chris Christie will seek a $2.25 billion payment to the state pension system when he issues his proposed state budget at 2 p.m. today. This according to the following excerpts released at 6 a.m. this morning.

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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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New Jersey Statehouse
New Jersey Statehouse (VisionsofAmerica/Joe Sohm, Getty Images)
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State Treasury Department Releases Incomplete Revenue Figures

The Christie Administration may have broken some of its own rules by not providing full information in its latest tax revenue report.

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(Tim Larsen, Governor's Office)
(Tim Larsen, Governor's Office)
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NJ Legislature Approves $33 Billion State Budget

By a margin of 29 to 11, the New Jersey Senate has passed the almost $33 billion Fiscal Year (FY) 2014 State budget. The Assembly followed suit late this afternoon. The new fiscal year starts midnight June 30.

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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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No Surprises Expected in NJ Budget [AUDIO]

In late February, Gov. Chris Christie proposed what he described as a fiscally responsible budget plan. He set a specific dollar amount as governors always do. Rarely is the final spending plan as close to what was proposed as this year's budget is expected to be even though Democratic leaders are still tweaking it a bit.

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