Former Gov. Tom Kean: Christie must confront N.J. pension crisis, report says

Governor Chris Christie and former Governor Tom Kean Sr celebrate the first annual Livingston Day, April 11, 2013. Photo by Tim Larsen/Governor's Office

Governor Chris Christie and former Governor Tom Kean Sr celebrate the first annual Livingston Day, April 11, 2013. Photo by Tim Larsen/Governor’s Office

TRENTON — Former Jersey Gov. Tom Kean had strong words of warning about Gov. Chris Christie’s recent lack of progress in solving the state’s pension crisis, but said the Republican governor shouldn’t be counted out of the 2016 race for the White House. Visiting St. Petersburg, Fla., to give the commencement address at Eckerd College on… Read the rest of this entry »

Posted: May 12th, 2015 | Author: | Filed under: 2016 Presidential Politics, Chris Christie, New Jersey State Budget, Pensions, Tom Kean Sr | Tags: , , , , , , , | No Comments »

Supreme Court Hears Oral Arguments about Payments to Public-Worker Pensions

RabnerIt was just four years ago that Gov. Chris Christie and Democrats in the Legislature struck a deal on a bipartisan plan to address years of underfunding the public-employee pension system. The legislation mandated increased contributions into the system from both from the state and its workers.… Read the rest of this entry »

Posted: May 7th, 2015 | Author: | Filed under: Christie Administration, New Jersey, New Jersey State Budget, NJ Constitution, NJ Courts, NJ Judiciary, NJ Supreme Court | Tags: , , , | 1 Comment »

Senate president: Come home, Chris Christie. N.J. needs you

IMG_3507TRENTON — Senate President Stephen Sweeney has a message for Gov. Chris Christie: Log off Twitter, come home and work to fix the state’s economy. “He actually needs to be back here meeting with the legislative leadership. He needs to be back here with a plan on what we’re going to do to fix this place,”… Read the rest of this entry »

Posted: April 28th, 2015 | Author: | Filed under: 2016 Presidential Politics, Chris Christie, Economy, New Jersey, New Jersey State Budget, NJ State Legislature, Stephen Sweeney | Tags: , , , , | 1 Comment »

N.J. Legislature will fully fund pension in 2016, senate president vows

IMG_9153 (640x391)TRENTON — State Senate President Stephen Sweeney does not leave room for doubt when he says the Democratic-led state Legislature will fully fund New Jersey’s public worker pension system next year. “We’re going to fund it,” he said. Democratic leaders say they’re forging ahead with plans to make a $3.1 billion contribution into a pension system… Read the rest of this entry »

Posted: April 26th, 2015 | Author: | Filed under: 2017 NJ Gubernatorial Politics, Chris Christie, New Jersey, New Jersey State Budget, NJ State Legislature, Stephen Sweeney | Tags: , , , | Comments Off

N.J. Assembly Republicans accuse NJEA of ‘pandering’ to members in pension talk pullout

DeclanTRENTON — Republican members of the state Assembly Budget Committee on Wednesday criticized New Jersey’s largest public worker union of taking the easy road by shutting down pension talks and demanding full funding without offering any alternatives. The assemblymen, in a brief news conference following a budget hearing on Department of Education funding, leveled accusations of… Read the rest of this entry »

Posted: April 22nd, 2015 | Author: | Filed under: Assembly Republicans, Declan O'Scanlon, Government Employees Unions, Legislature, Monmouth County News, New Jersey, New Jersey State Budget, NJEA, Pensions | Tags: , , , , , , | Comments Off

N.J. Democrats need to show us the pension money, Bramnick says

Assembly Minority Leader Jon Bramnick.  MMM file photo

Assembly Minority Leader Jon Bramnick. MMM file photo

UNION TOWNSHIP — Assembly Minority Leader Jon Bramnick on Tuesday said Democratic legislative leaders shouldn’t side with unions in asking the courts to order the restoration of $1.6 billion in state pension payments cut by Gov. Chris Christie. They should come up with the money themselves. “I think it’s simple: I just don’t think that we… Read the rest of this entry »

Posted: April 21st, 2015 | Author: | Filed under: 2015 Legislative Races, Assembly Republicans, Jon Bramnick, New Jersey, New Jersey State Budget | Tags: , , , , , | 2 Comments »

Behind Christie’s Budget Claims, a More Controversial Legacy

IMG_3433TRENTON, N.J. – In his “tell-it-like-it-is” tour of New Hampshire this week, New Jersey Gov. Chris Christie said the country needs a president who isn’t afraid to be honest about the tough fiscal choices needed to overhaul entitlement programs and keep deficits from ravaging the Treasury. He pointed… Read the rest of this entry »

Posted: April 17th, 2015 | Author: | Filed under: 2016 Presidential Politics, Chris Christie, New Jersey, New Jersey State Budget | Tags: , , , | Comments Off

N.J. credit rating cut record ninth time as Moody’s cites pension shortfall

IMG_5189TRENTON — Moody’s Investors Service has downgraded New Jersey’s debt rating, dealing the Garden State its record ninth ratings cut since Gov. Chris Christie took office. The ratings drop by one notch, from A1 to A2, on $32.2 billion worth of bonds underscores the state’s “weak financial position and large structural imbalance, primarily related to continued… Read the rest of this entry »

Posted: April 17th, 2015 | Author: | Filed under: 2016 Presidential Politics, Chris Christie, Economy, Moodys, New Jersey State Budget | Tags: , , , , , | 1 Comment »

Company hired by Christie to run N.J. lottery misses revenue goal by $64M

assetContent (65)When Chris Christie privatized New Jersey’s lottery two years ago, he said its new overseers would “modernize and maximize” the games. Instead, a lottery once ranked among the nation’s top performers is now lagging for the second straight year, trailing its state income targets by $64 million seven months into the current fiscal year. Meanwhile, the… Read the rest of this entry »

Posted: April 1st, 2015 | Author: | Filed under: Chris Christie, David Samson, New Jersey State Budget | Tags: , , | 2 Comments »

Watch Christie’s Budget Address Live

Faced with an unexpected Court Order yesterday requiring a pension payment of $1.57 billion by the end of June and with a national media glare upon him, Governor Chris Christie will deliver his Annual Budget Address to a joint session of the New Jersey Legislature this afternoon at 2 p.m.

You can watch the address here live, courtesy of NJTV and Youtube:

 

Posted: February 24th, 2015 | Author: | Filed under: Chris Christie, New Jersey, New Jersey State Budget, News, NJ State Legislature | Tags: , , , | Comments Off