Gov. Christie presenting budget to legislature – pension, benefit cuts expected – watch live
New Jersey Gov. Chris Christie will propose a new round of major pension and health benefit cuts for public employees in his annual budget address. Watch the speech live at 2 p.m.
The Republican and potential 2016 presidential candidate is scheduled to give the speech Tuesday. His office provided guidance on his plans.
Christie will announce that the New Jersey Education Association has agreed to a "road map" for fixing the pension system, though not to any specifics. He'll ask the Democrat-controlled Legislature to join him on this front.
The announcement comes a day after a judge ruled that Christie violated the law by slashing this year's state pension contribution. To comply with the order, Christie and lawmakers would have to find nearly $1.6 billion in funding in the next four months.
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