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N.J. Gov. Christie Freezes Spending

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With State's Budget In 'Shambles,' New Governor Slices Into School Surpluses, NJ Transit Subsidies; Dems Furious

TRENTON (CBS) ― Calling New Jersey's budget a "shambles," Gov. Chris Christie announced Thursday he is immediately freezing all state spending.

Saying New Jersey is on the verge of bankruptcy, Christie declared a fiscal emergency, announcing drastic cuts. Among them, aid to school districts that have excess surpluses.

"Today we are going to act swiftly to fix problems too long ignored. Today I begin to do what I promised the people of New Jersey I would do," Christie said.

The governor also cut state subsidies to New Jersey Transit, saying it needs to become fiscally efficient.

"Revisit its rich union contracts," Christie said. "And they may also have to consider service reductions or fare increases."

"Yes it's going to be difficult to make some of these choices as were highlighted today, but education, health care and these things tend to be sacred cow and they need to be taken out of that category," said Jerry Cantrell of the Taxpayers' Association of New Jersey.

Fellow Republicans said some school districts have been abusing the money they get and it's about time a governor called them on it.

The governor said he doesn't anticipate schools cutting programs or jobs right now, but sources within the administration said there are no guarantees for the next fiscal year.

Christie warned lawmakers that next year's budget may include even harsher cuts in spending and aid.

http://wcbstv.com/local/governor.christie.....2.1487727.html

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What a concept! :thumbs: :thumbs: :thumbs:

"I swear by my life and my love of it that I will never live for the sake of another man, nor ask another man to live for mine."- Ayn Rand

“Your freedom to be you includes my freedom to be free from you.”

― Andrew Wilkow

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Cutting education budgets? Gary will love that.

If your the example I would say cut it more!

"I swear by my life and my love of it that I will never live for the sake of another man, nor ask another man to live for mine."- Ayn Rand

“Your freedom to be you includes my freedom to be free from you.”

― Andrew Wilkow

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