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Budget

Christie, Speaking at Town Hall Meeting, Calls for End of Realty Transfer Fee

Tom Johnson | April 17, 2014 | Budget, Energy & Environment, Politics
Getting rid of tax would leave state shy of matching funds for Shore-protection projects -- and would also leave another hole in the state budget
An Inconvenient Truth: State Wipes Out Data on Christie, Corzine Rebates
Mark J. Magyar | April 11, 2014 | Budget
Open-government advocates criticize Christie administration for taking down data used to compare net property taxes
S&P Turns Thumb Down On Christie Budgets, Downgrades Bond Rating
Mark J. Magyar | April 10, 2014 | Budget
Credit agency criticizes overstated revenue estimates, retiree liabilities, high debt, and one-shot gimmicks that add to future budget woes
Christie’s Borrowing Binge Makes Transportation Trust Fund Run Dry
Mark J. Magyar | April 3, 2014 | Budget, Politics
Treasurer confirms TTF will run out of money for projects next year because of administration’s failure to keep pay-as-you-go promise
OLS: Even After Midyear Cuts, Christie's Still $526 Million Short
Mark J. Magyar | April 2, 2014 | Budget, Politics
Budget chairman questions retroactive pension cut, tobacco bond maneuver, and need to make cuts year after year
OLS: Even After Midyear Budget Cuts, Christie’s Still $526 Million Short
Mark J. Magyar | April 2, 2014 | Budget, Politics
Budget chairman questions retroactive pension cut, tobacco bond maneuver, and need to make cuts year after year
Shortfall forces retroactive pension cut, tobacco bond gimmick
Mark J. Magyar | April 1, 2014 | Budget, Politics
Moody’s says Christie administration’s reliance on short-term savings that add to future costs reflects budgetary weakness
Breaking Up PA Would Solve Christie's Transportation Trust Fund Problem
Mark J. Magyar | March 31, 2014 | Budget, Politics
Tapping Port Authority toll revenues would enable the governor to avoid racking up massive debt or raising the gas tax -- two bad moves during the 2016 presidential primaries
State Assembly Budget Panel To Question Governor Christie's Pension Cuts
Mark J. Magyar | March 27, 2014 | Budget, Politics
PBA president criticizes reduction in pension contributions to balance budgets, but Treasury touts Christie’s record $5.3 billion in pension payments
Gov. Christie Retroactively Cuts State Pension Payment
Mark J. Magyar | March 25, 2014 | Budget, Politics
Governor’s fiscal maneuver helps plug current budget gap, but putting $900 million less into pensions over next four years will make unfunded liability worse
OLS: Christie Cannot Invoke ‘State of Emergency’ To Cut Pensions
Mark J. Magyar | March 17, 2014 | Budget, Politics
New Jersey and other states barred from declaring bankruptcy to escape pension debts, as Detroit did
Christie’s Quest To Tax Internet Sales Could Eventually Reap $300 Million
Mark J. Magyar | March 6, 2014 | Budget, Politics
Push to expand online sales tax collections pits Christie against most GOP presidential rivals
Analysis: Christie, Sweeney, and the Limits of Pension Reform
Mark J. Magyar | February 28, 2014 | Budget, Politics
Governor’s power to act is limited by the courts, Democratic opposition, and shortage of simple solutions
Think Tank Finds Fault with NJ's Pension-Reform Plan for Public Employees
Meir Rinde | February 27, 2014 | Budget, More Issues
Report does commend state for bipartisan dynamic that let governor, Legislature reach effective compromises
Analysis: Christie Offers No Tax Cut, But $205 Million In Veiled Tax Hikes
Mark J. Magyar | February 26, 2014 | Budget, Politics
Embattled governor arouses furor with call to renegotiate state’s pension obligation, but lack of specifics raises questions about Christie’s intent
Schools Grateful for Slightly More State Aid Tucked Into Tight Budget
John Mooney | February 26, 2014 | Budget, Education
Increase amounts to less than one-half of 1 percent, although projects touted by Christie will get extra funding
Medicaid Spending Would Climb While Other Health-Related Programs Get Less
Andrew Kitchenman | February 26, 2014 | Budget, Healthcare, Affordable Care Act
Christie focuses on healthcare costs in proposed 2015 budget, boosting total expenditures to over $4 billion
Explainer: Why It’s So Hard to Project Next Year’s Tax Collections in NJ
Mark J. Magyar | February 25, 2014 | Budget, Explainer
And why it’s important for the state to try to accurately estimate revenues - -and how politics comes into play
Analysis: For Christie, Plugging $800 Million Current Budget Gap Is Key
Mark J. Magyar | February 24, 2014 | Budget, Politics
Politically weakened governor needs to fix this year’s budget if he hopes to convince Democrats that NJ can afford a modest tax cut
Battle Lines Drawn in Fight Over State Civil Service Job Protections
Joe Tyrrell | January 7, 2014 | Budget, More Issues, Politics
Christie, GOP push for ‘banding’ of positions decried by Democrats as threat to job security
Explainer: Making Sense of New Jersey's Annual Structural Deficit
Mark J. Magyar | November 5, 2013 | Budget, More Issues, Explainer
Governors cite it to claim they cut billions in spending, their opponents cite it to claim fiscal mismanagement. Both are wrong
No Reform in Sight for Bipartisan Abuse of State Pension Loophole
Mark J. Magyar | August 12, 2013 | Budget, Politics
Legislature won’t undercut patronage, entitlements for ‘political class,’ ethics advocate says.
Delayed Vote on Incentives Bill Threatens Corporate Real Estate Deals
Tara Nurin | July 24, 2013 | Budget, More Issues, Politics
Despite last-minute compromises and concessions, lawmakers can't get bill onto floor before Senate recesses for summer
Strict Fiscal Oversight Keeps New Jersey Cities Out Of Bankruptcy
Mark J. Magyar | July 22, 2013 | Budget, More Issues, Politics
Detroit’s fiscal disaster raises questions about adequacy of state pension funding.
Christie’s Claims About Reducing ‘One-Shots’ Overstated
Mark J. Magyar | July 9, 2013 | Budget
With federal stimulus aid deducted, Corzine relied less on nonrecurring state revenues and fiscal gimmicks than Christie, analysis shows.
Raids on Dedicated Funds Climb Under Christie
Mark J. Magyar | July 8, 2013 | Budget, More Issues, Politics
Governor relied on fund diversions more than Corzine, but less than McGreevey.
Sweeney: More Compromise Budgets Likely in Years Ahead
Mark J. Magyar | June 25, 2013 | Budget
Built-in rise in pension payments means ‘there’s no money’ to fight over, Senate president says.
Democrats Move Compromise Budget Despite Revenue Concerns
Mark J. Magyar | June 21, 2013 | Budget
Budget committee chiefs not sold on treasurer’s projections, but hope he’s right.
Christie, Democratic Leaders Nearing Budget Compromise
Mark J. Magyar and John Mooney | June 19, 2013 | Budget
$32.9B budget likely to add some school aid, but no tax cut or vouchers.
OLS's $760M Revenue Gap Undercuts Tax Cut Talk
Mark J. Magyar | May 21, 2013 | Budget
Despite income tax surge and unemployment drop, Christie's revenue projections again come up short.
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