As reported by nj.com, the State’s top legislative budget officer will tell lawmakers that Governor Chris Christie’s revenue figures for the next 13 months will fall short by nearly $1 billion. The gap may be shorter if Christie revises his revenue projections downward, an unlikely move as the Governor spent the last week boasting
revenues
Christie Administration: NJ Revenue Falling; Costs Rising in State
By Donald C. Barbati on
Posted in Uncategorized
As reported by nj.com, the Christie administration has advised Wall Street that the State’s share of unemployment and Medicaid costs are expected to rise above expectations against a backdrop of lagging revenue collections, according to an amended report filed Monday. The State also warned Wall Street that the combination of rising costs and slumping …