New Jersey's Pension-Less Budget

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New Jersey Senate President Steve Sweeney (D) offers remarks before Chris Christie's 2014 State of the State speech.

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.