Chris Christie’s final budget is getting torched by the S&P this evening, Save Jerseyans.
The Administration’s parting shot?
Don’t blame us. We tried to fix it….
“The S&P report is just another example of how the cost of pensions and benefits is eating into the state’s revenue and, as a result, direct school aid,” opined Brian Murray, Press Secretary for Governor Chris Christie. “More than $670 million of new state money is going to subsidize pension and benefit payments, nearly $500 million for teachers alone. That is why the Governor’s call to examine ways to buttress these pension systems with additional assets and reforms should be a top priority between now and June 30.”
Developing….
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