Christie Committee: NJ Finances Worse Than Thought

November 16, 2009 5:18 pm

The leaders of a budget task force appointed by New Jersey Gov.-elect Chris Christie say they’ve learned the state’s financial crisis is worse than they expected. They say Christie is writing a letter to Gov. Jon Corzine to ask him to freeze spending in several areas until Christie takes office in January. Task force co-chairman Bob Grady said Monday that if department budgets continue to grow at their current rate, there will be a shortfall of more than $8 billion in the state budget that takes effect July 1. Christie has not specified how he would deal with the problem, but has said he will not raise taxes. AP

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3 COMMENTS

Yungerman4Berel November 16, 2009 5:55 pm At 5:55 pm

Berel will lower our taxes and stop all governmental hanky-panky!!
Anon November 16, 2009 6:11 pm At 6:11 pm

And the backtracking on all the empty campaign promises begins….Christie promised to lower taxes and now he says he didn’t “realize” how bad the state finances are
yudel November 17, 2009 8:43 am At 8:43 am

With the right people & the focus on cutting taxes in NJ, it’s doable.

Comments are closed.