Gov. Christie Made Over $500K In 2010
TRENTON, N.J. (CBS 2/AP) – Newly released financial disclosure statements show New Jersey Gov. Chris Christie and his wife earned more than $500,000 in the past year.
Christie’s wife is a vice president at Cantor Fitzgerald investment bank in New York.
But the new Republican governor doesn’t have nearly as much income to report as his chief of staff and state treasurer.
Treasurer Andrew Sidamon-Eristoff reports having at least $500,000 cash on hand, at least $3.5 million in stocks with his wife, and more than $500,000 in real estate holdings outside New Jersey.
Christie’s chief of staff Rich Bagger, a former Pfizer executive, has more than $1 million in stock.
Money has been the hot topic in the Garden State this week, as it was revealed Wednesday that a costly mistake in Christie’s office cost the state $400 million in critical education funding.
On Wednesday, Christie blamed President Barack Obama.
It was New Jersey’s future — a 1,000 page plan to get $400 million in federal funds for innovating education, called the Race to the Top.
But that money is lost, after one person in the Department of Education entered budget numbers for the wrong years.
“I’m not gonna fire somebody over this. I take that responsibility because I’m the governor,” Christie said.
But even as he accepted blame, Gov. Christie dished it out as well, saying the plan to revolutionize education in New Jersey was solid and deserved to win the funding, and said a quick phone call would have corrected the error.
“That’s the stuff the Obama administration should answer to. Are you just down there checking boxes like mindless drones?” Christie said.
Christie says that when the president comes back to the state “he’s going to have to explain to the people…of New Jersey why he’s depriving them of $400 million that this application earned.”
State Assembly Speaker Sheila Oliver called it “a stunning mistake that is going to hurt New Jersey’s children.”