New Jersey mayors hold their breath over state budget

Gerald · 02-22-11, 08:43 AM

(Reuters) - New Jersey Governor Chris Christie has built a national reputation as a fiscal conservative, but New Jersey mayors say they worry a $10.5 billion budget gap will be closed at their expense.

Christie, a Republican, will give his second annual budget address on Tuesday afternoon. Political experts say voters should expect tough reductions in services because Christie has vowed not to raise taxes.

"I think he's going to push the envelope with the budget more than he did last year in terms of substantive cuts," said Julian Zelizer, a professor at Princeton University.

But he added: "This is about restoring fiscal balance to the state, and the politics of doing that, whether you're a Republican or a Democrat, are never pretty."

http://www.reuters.com/article/2011/...71L17320110222

Note: NEW YORK Tue Feb 22, 2011

Gerald · 02-22-11, 02:28 PM

Well,it seems to be a tough situation, how does this affect the municipal service..

TorpX · 02-23-11, 01:06 AM

Cuts have to be made. Really, it's long overdue. If these fiscal problems could be solved easily and painlessly, it would have been done already.

02-22-11, 08:43 AM	#1
Gerald SUBSIM Newsman Join Date: May 2008 Location: Close to sea Posts: 24,254 Downloads: 553 Uploads: 0	New Jersey mayors hold their breath over state budget (Reuters) - New Jersey Governor Chris Christie has built a national reputation as a fiscal conservative, but New Jersey mayors say they worry a $10.5 billion budget gap will be closed at their expense. Christie, a Republican, will give his second annual budget address on Tuesday afternoon. Political experts say voters should expect tough reductions in services because Christie has vowed not to raise taxes. "I think he's going to push the envelope with the budget more than he did last year in terms of substantive cuts," said Julian Zelizer, a professor at Princeton University. But he added: "This is about restoring fiscal balance to the state, and the politics of doing that, whether you're a Republican or a Democrat, are never pretty." http://www.reuters.com/article/2011/...71L17320110222 Note: NEW YORK Tue Feb 22, 2011 __________________ Nothing in life is to be feard,it is only to be understood. Marie Curie

02-22-11, 02:28 PM	#2
Gerald SUBSIM Newsman Join Date: May 2008 Location: Close to sea Posts: 24,254 Downloads: 553 Uploads: 0	Well,it seems to be a tough situation, how does this affect the municipal service.. __________________ Nothing in life is to be feard,it is only to be understood. Marie Curie

02-23-11, 01:06 AM	#3
TorpX Silent Hunter Join Date: Sep 2010 Posts: 3,975 Downloads: 153 Uploads: 11	Cuts have to be made. Really, it's long overdue. If these fiscal problems could be solved easily and painlessly, it would have been done already.