Citing factors including the pension indiscretions of his predecessors and, in a moment of candor, his own government’s economists’ overly-optimistic assessment of the effect of federal tax changes, Save Jerseyans, Governor Chris Christie told CBS News’ Bob Schieffer at the Peter G. Peterson Foundation’s Fiscal Summit in Washington on Wednesday that time is running out for our state not just to plug an $800 million budget gap but to save New Jersey as a general matter.
When is a plan forthcoming? “Next week,” so says the Governor, but he promised that it would not include new tax increase proposals:
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