As reported by NJ.com, after tax collections came up short last spring and plunged Governor Chris Christie’s state budget into chaos, lawmakers say bug changes are needed on how the State prepares a spending plan and shares information about it to the public. Sponsor Gary Schaer (D-Passaic), chairman of the Assembly Budget Committee that
State spending
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 …