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Mark J. Magyar

The Politics of Closing the Budget Gap: Everything is NOT on the Table
Mark J. Magyar | May 19, 2014 | Budget, Politics
With Christie ruling out millionaire’s tax, real battle looms over pensions, ‘one shot’ gimmicks, and spending cuts
Governor’s Office Ignored Report That Kelly, Stepien Knew About Bridgegate
Mark J. Magyar | May 14, 2014 | Politics
Drewniak says he told Christie’s chief counsel about Wildstein’s claim, but pair were not questioned until more than a month later
Strike 3! Moody’s Joins S&P, Fitch In Downgrading NJ Debt
Mark J. Magyar | May 14, 2014 | Budget
Bond-rating agency cites recurring revenue shortfalls, lagging economy, pension burden, and overreliance on ‘one-shot’ revenues
Analysis: $74 Billion In Future Pension Payments At Stake in Lawsuit
Mark J. Magyar | May 12, 2014 | Budget
Appellate Division ruling in COLA case also could set precedent on state’s obligation to make pension payments
Court Overturns Release Of Grand Jury Records in Hunterdon Prosecutor Case
Mark J. Magyar | May 8, 2014 | Politics
Fired prosecutor vows to continue fight to prove Christie administration pressured attorney general to kill case against political allies
Analysis: Renna Testifies On Fear and Politics in Governor’s Office
Mark J. Magyar | May 7, 2014 | Politics
Christie, Cuomo appoint their own panel to recommend Port Authority reforms in 60 days, undercutting legislative committee
Analysis: Tax Amnesty Eyed As Part Of $1.4 Billion Budget Solution
Mark J. Magyar | May 5, 2014 | Budget, More Issues
Christie’s budget options to plug combined FY14-FY15 gap include pension changes, aid shifts and fund raids
Citing $807 Million Budget Gap, Fitch Downgrades NJ Bond Rating
Mark J. Magyar | May 2, 2014 | More Issues
Like Moody’s, Fitch expects state to rely on ‘one shots’ to plug belated deficit, creating problems for next year’s budget
Moody’s Expects New Jersey To Use ‘One-Shots’ To Fill Shortfall
Mark J. Magyar | April 30, 2014 | Budget, Politics
Christie: ‘Nothing off the table’ to fill $800M budget gap, and that includes pensions
Profile: The Woman Who Wants to End NJ’s 'Multiple Municipal Madness'
Mark J. Magyar | April 30, 2014 | Profiles
Former tennis pro Gina Genovese was her town’s first Democratic mayor -- and NJ’s first openly gay mayor
Analysis: $800 Million Budget Gap Leaves Christie With Few Choices
Mark J. Magyar | April 29, 2014 | Budget, Politics
Will Christie have to cut or defer pension payments to cover shortfall created by ‘April surprise’?
Analysis: New Jersey Faces Four-Year Fiscal Crisis
Mark J. Magyar | April 28, 2014 | Budget, Politics
A $4.6B increase in retiree and debt-service costs, a Transportation Trust Fund running on empty, a governor who wants to cut taxes -- and the bond agencies are watching
Transportation Crisis Puts Christie, Democrats On Collision Course
Mark J. Magyar | April 25, 2014 | Politics, Transportation
Battles loom over gas tax to fund Transportation Trust Fund and the future of the Port Authority after Bridegate
Embattled Ethics Commission Confirms Samson Probe Underway
Mark J. Magyar | April 23, 2014 | Politics
Panel clears CWA union leader after five-year battle, but sides with governor’s office on Pinelands pipeline vote recusal
Christie’s Mastro Mistake: Report Backfires Politically, Legally
Mark J. Magyar | April 16, 2014 | Politics, Sandy
Memos bolster Zimmer allegations, provide roadmap for investigators, undermine credibility of Mastro report
Bridgegate Panel To Begin Calling Witnesses Next Month
Mark J. Magyar | April 15, 2014 | Politics
Wisniewski blasts participation of Christie friend in governor’s interview, release of Mastro memos raises more issues
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
Ruling Hampers Probe Of Political Malfeasance In Governor’s Office
Mark J. Magyar | April 10, 2014 | Politics
Republicans seize on Stepien-Kelly victory to urge Bridgegate committee to stop investigating and start legislating
Much Ado About Nothing: No Tapes, Transcripts of Mastro Interviews
Mark J. Magyar | April 9, 2014 | Politics
Wisniewski: If Christie’s lawyers did not record interviews, report’s conclusions are just ‘hearsay’
Trouble Ahead: Christie’s Bridgegate Gamble Creates New Challenges
Mark J. Magyar | April 7, 2014 | Politics
Mastro report gives Christie political cover, but now legislative panel and federal grand jury will subpoena interviews with Christie, top aides
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
Mastro ‘Exoneration’ Lays Out Christie Presidential Comeback Strategy
Mark J. Magyar | March 28, 2014 | Politics
Governor’s lawyer attacks Zimmer’s honesty, portrays Kelly as unstable jilted lover, and takes Christie’s word over ‘crazy’ Wildstein
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
Mastro Releases Christie Administration’s Internal Report on Bridgegate
Mark J. Magyar | March 27, 2014 | Politics
Mastro report marks a step in the investigation, but by no means signals the end
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
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