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New Jersey's Pension-Less Budget

Tuesday, July 08, 2014

Steve Sweeney, New Jersey Senate President, talks about the Governor Christie's decision to balance this year's budget by foregoing pension contributions, which he'd promised to make as late as this January. Christie claims that revenue shortfalls led to the lack of funds for pensions, and rejected a Democratic budget that would have increased taxes on the wealthy and businesses. Plus: why Sweeney wants more casinos in Northern New Jersey, and other news from the Garden State.

Guests:

Steve Sweeney

Comments [6]

Walter from New Jersey

This whole state is a tasteless, crony cesspool. Word to the world: it's all its rep. Every cardinal sin finds its most extreme example here and Christie and his cronies are the worst of it, second only to the ones on the other side of the aisle. The whole system is rigged for back scratching.

Jul. 08 2014 11:16 AM
Janet Bicica from Woodbridge, NJ

At the end of today's (7/8) segment on tenure, a question was asked about what percentage of teachers received an evaluation of ineffective. The conversation shifted and the question wasn't answered. Could you provide this information?

Jul. 08 2014 11:04 AM
Bebe from Queens

I don't envy Steve Sweeney, trying to get the job done while dancing around Christie's evasions, obfuscations, denials and betrayals of his own promises and the people of New Jersey. Sweeney was far too kind (and Brian, you were far too obviously "impartial") in not calling Christie out for throwing New Jersey's working people under the bus. After Christie's promises to continue the state's contributions to pensions, and then rejecting an effective method of doing so, the obvious question is WHY? The answer is clear: Christie doesn't care about New Jersey's working people. HE DOESN'T CARE. What he cares about is his popularity with business and the 1%. He wants the Republican presidential nomination. Period. Sweeney deserves a lot of credit for standing his ground. But gee whiz, what a thankless task.

Jul. 08 2014 11:01 AM

Yes, let's go back again, Sweeney, and screw the usual suspects - businesses and the rich - to pay back your campaign donors: the public sector mega-unions.

As one economist once said - "What can't go on forever - won't"

Jul. 08 2014 11:00 AM
Amy from Manhattan

How many votes are required in NJ to overturn a veto? If the original vote was unanimous, how many had to be changed for the override to fail?

Jul. 08 2014 10:51 AM
Sheldon from Brooklyn

Why has Gov. Cuomo allowed Gov. Christie to basically steal money from NY/NJ taxpayers, via the Port Authority to repair the Pulaski Skyway Bridge? Where is the media?

Jul. 08 2014 10:11 AM

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