The New Jersey State Assembly budget committee on Tuesday night advanced bills to raise taxes on corporations and the wealthy, as an alternative to Gov. Chris Christie’s plan to slash the state’s contribution to public employee pension funds.
In a stunning announcement, New Jersey Gov. Chris Christie said there will be no tax hikes to deal with the state’s enormous budget cap – and instead, there will be no payments for retiree pension and health benefits.
A huge budget shortfall could force the Christie administration to make painful cuts in state programs in New Jersey.
Mayor Bill de Blasio is being pressured by Gov. Andrew Cuomo to settle his fight with charter school operators. According to sources, if he doesn’t the governor is threatening to settle the issue himself.
Some critics are not happy that the proposed New York State budget cuts funding for cancer screenings and teen smoking prevention programs, but expands spending to help the Buffalo Bills and Hollywood.
Instead of passing an extraordinarily early budget as they planned, lawmakers now will rush to meet the April 1 deadline a few days early.
The New York state budget will give grants to gas stations for generators so that if another superstorm like Sandy hits, there will not be interminable lines at gas stations.
New York Gov. Andrew Cuomo and state legislative leaders were hoping Sunday to announce agreement on the third straight on-time budget.
The state budget recently proposed by New Jersey Gov. Chris Christie would divide $675 million in charity care funds between New Jersey hospitals – roughly the same amount that was allocated during the current fiscal year.
An Assembly panel will gather Wednesday to hear how a $10 million cut in funding to legal services for low-income residents will affect those who can’t afford to hire a lawyer.
Christie said his budget doubles a property tax relief program for seniors and spends $90 million more on a program that freezes seniors’ property taxes.
Nursing homes lost about $30 million in aid. A program that helped keep the aged, blind and disabled population out of managed care was cut by $11 million.
Democrats say cuts made by the Republican governor before signing a $29.7 billion budget disproportionately hurt the poor and middle-class.
Gov. Chris Christie is warning that if the state Supreme Court rules the way it usually does on a long-running school funding case, it could doom other state services.
Mayor Michael Bloomberg says the new state budget unfairly singles out the city and makes it impossible to prevent layoff and cuts in services.