Coronavirus Update: Gov. Murphy Putting $900 Million In Reserve To Cover NJ BudgetNew Jersey is preparing for a huge drop in tax revenue from the hit to the economy from coronavirus, and Gov. Phil Murphy is putting nearly $1 billion in reserve to get ready, the state treasurer announced.
Cuomo Confesses Concern As Deadline For Controversial New York State Budget LoomsSunday's deadline for a new budget in New York is fast approaching and Gov. Cuomo says he's worried about the economic trajectory of the state.
New Jersey Commuters Left Frustrated By Budget BattleNew Jersey’s democrat governor and the democrat-led legislature can’t seem to come to an agreement on a new budget.
Another Shutdown Looms In New Jersey As Budget Battle Heats UpNew Jersey may be facing its second government shutdown in as many years as new governor Phil Murphy refuses to come to terms on a new state budget.
New York State Budget Negotiations Derailed By Debate On Teen OffendersDisagreement over proposals to try 16- and 17-year-old offenders in family court dashed the prospects for an on-time state budget in Albany Friday night and threw negotiations into disarray.
Connecticut Lawmakers Call For Tough Measures To End State SpendingBy next year, the ever-rising budget in Connecticut could easily reach half a billion dollars and two years after that, as high as $4 billion.
De Blasio Vows To Fight Proposed Medicaid, CUNY Funding Cuts In Cuomo's Budget PlanLawmakers will soon begin work on the state budget, which they hope to pass before the start of the fiscal year on April 1.
N.J. Budget Committees Advance Bills To Raise Taxes On Corporations, High EarnersThe 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.
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.
Christie: $800 Million Budget Shortfall Cold Mean Cuts, Property Tax Rebate DelaysA huge budget shortfall could force the Christie administration to make painful cuts in state programs in New Jersey.
Sources: Cuomo Could Overrule de Blasio In Charter School BattleMayor 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.
Critics: State Budget Favors Buffalo Bills, Hollywood Over Cancer PreventionSome 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.
N.Y. State Senate Holds Sunday Session To Advance Budget BillInstead of passing an extraordinarily early budget as they planned, lawmakers now will rush to meet the April 1 deadline a few days early.
State Budget Provides Grants To Gas Stations In The Event Of A SuperstormThe 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.
Cuomo, State Lawmakers Work To Hammer Out Budget DealNew York Gov. Andrew Cuomo and state legislative leaders were hoping Sunday to announce agreement on the third straight on-time budget.