Governor Chris Christie's proposal to reorganize the University of Medicine and Dentistry of New Jersey and Rutgers and Rowan Universities hit a major speed bump yesterday.
The lead budget analyst with the non-partisan Office of Legislative Services (OLS), research arm of the legislature predicts casino revenues will increase by $20 million in the coming year while Governor Chris Christie's projects they'll rise by $40 million.
Atlantic City's casinos poured almost a quarter billion dollars into the State Budget last year. The more the state rakes in from the casinos the more cash it will have on hand to fund other programs without having to tax you more.
Yesterday, the State Senate Budget Committee got the latest state revenue projections. The non-partisan Office of Legislative Services (OLS) briefed the panel during the morning's session.
Because he and Democrats are now battling over which taxes to cut, not which taxes to increase, Governor Chris Christie's new mantra is, "We've already won the argument."
Wherever he goes, Governor Christie continues to discuss the importance of cutting spending to get our fiscal house in order - but some are wondering if that's the case, why does his proposed fiscal year 2013 budget call for 2-point-1 billion dollars in spending increases?