Democrats preserve funding formula while awaiting Cerf’s report on formal plan.
Governor Sharpening Veto Pen for Budget and Millionaire’s Tax Bills.
One-shot revenues, tax cuts, pension debt, and borrowing blow $2.5 billion hole in FY2014 budget.
Senate panel OKs budget and millionaire's tax, but rift delays expected Assembly vote.
Senate, Assembly committees to vote today on budget, millionaire’s tax, Earned Income Tax Credit.
Legislature ties tax cut to millionaire’s tax and revenue projections, but OLS shows budget shortfall growing.
Fearing revenue shortfall, Democrats back off original tax cut plans, but may send Christie a millionaire’s tax.
State underestimating pension liability under new accounting standards.
Democratic leaders want a tax cut too, but are split over whether 'millionaire's tax' is the right fight.
Governor insists on income tax cut, but OLS says budget still $627 million short.