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NJ Treasurer To Give Budget Update

TRENTON, N.J. (CBSNewYork/AP) -- New Jersey Treasurer Andrew Sidamon-Eristoff was expected to update the Assembly Budget Committee Tuesday for the first time since Gov. Christie delivered his budget address last month.

The treasure was originally scheduled to update the Senate Budget Committee on Monday, but his testimony was postponed at the last minute due to a redistricting meeting, which ruffled Republican lawmakers' feathers.

The Legislature's chief budget officer told the Senate Budget Committee on Monday that projections remain largely on track this year and revenue is projected to grow by $1.1 billion.

(TM and Copyright 2011 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2011 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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