State Budget

New Jersey Statehouse - Trenton, NJ - File Photo

N.J. Budget Committees Advance Bills To Raise Taxes On Corporations, High Earners

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.

06/24/2014

Gov. Chris Christie

Christie: Budget Must Be Balanced With Pension, Retiree Health Care Cuts

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.

05/20/2014

Gov. Chris Christie speaks during a Town Hall Meeting  (file/credit: Kena Betancur/Getty Images)

Christie: $800 Million Budget Shortfall Cold Mean Cuts, Property Tax Rebate Delays

A huge budget shortfall could force the Christie administration to make painful cuts in state programs in New Jersey.

04/29/2014

Gov. Andrew Cuomo, Bill de Blasio (Credit: Governor's Office; (file/credit: Mario Tama/Getty Images)

Sources: Cuomo Could Overrule de Blasio In Charter School Battle

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.

03/21/2014

New York State Capitol in Albany (file / credit: Chris Hondros/Getty Images)

Critics: State Budget Favors Buffalo Bills, Hollywood Over Cancer Prevention

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.

03/25/2013

New York State Capitol in Albany (file / credit: Chris Hondros/Getty Images)

N.Y. State Senate Holds Sunday Session To Advance Budget Bill

Instead of passing an extraordinarily early budget as they planned, lawmakers now will rush to meet the April 1 deadline a few days early.

03/24/2013

Cars wait in line for fuel at a Gulf gas station on Nov. 1, 2012 in Fort Lee, New Jersey. (credit: BRENDAN SMIALOWSKI/AFP/Getty Images)

State Budget Provides Grants To Gas Stations In The Event Of A Superstorm

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.

03/23/2013

New York State Capitol in Albany (file / credit: Chris Hondros/Getty Images)

Cuomo, State Lawmakers Work To Hammer Out Budget Deal

New York Gov. Andrew Cuomo and state legislative leaders were hoping Sunday to announce agreement on the third straight on-time budget.

03/17/2013

New Jersey Statehouse - Trenton, NJ - File Photo

N.J. Budget To Award Hospitals $675 Million For Charity Care

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.

03/02/2013

New Jersey State House - Trenton, NJ - File Photo

NJ Assembly Continues Review Of Gov. Christie’s Budget Cuts

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.

07/25/2011

NJ Gov. Chris Christie (credit: Jessica Kourkounis/Getty Images)

Gov. Chris Christie Touts Tax Relief As NJ Lawmakers Review Budget Cuts

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.

07/22/2011

New Jersey State House - Trenton, NJ - File Photo

New Jersey Seniors To Discuss Budget Cuts With Assembly Budget Committee

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.

07/21/2011

New Jersey State House - Trenton, NJ - File Photo

Democrats In New Jersey Assembly To Examine Gov. Christie’s Budget Cuts

Democrats say cuts made by the Republican governor before signing a $29.7 billion budget disproportionately hurt the poor and middle-class.

07/19/2011

New Jersey Gov. Chris Christie (credit: Craig Ruttle/AP, FILE)

Court Ruling Could Mean NJ Budget Scramble

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.

04/10/2011

Mayor Michael Bloomberg is seen across from Lower Manhattan - Brooklyn, NY - Mar 14, 2011 - Photo: Spencer T Tucker / Mayor's Office

Bloomberg Lashes Out At State Budget

Mayor Michael Bloomberg says the new state budget unfairly singles out the city and makes it impossible to prevent layoff and cuts in services.

04/03/2011

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