NEW JERSEY’S UNFUNDED PENSION HOLE GROWS

Nearly $54 billion..that’s how much money the State of New Jersey owes in unfunded pensions.  New figures were released right before the Christmas break which shows that the state’s unfunded pension payments grew by $8 billion this year.  Governor Christie says the state must reform the pension and health system in order to bring the…

CHRISTIE APPEARS ON “60 MINUTES”

New Jersey was among a group of states featured on the national television show “60 Minutes.” Gov. Chris Christie appeared on the show discussing the financial problems of the state. New Jersey was among a number of states shown that has made cuts because of a lack of money. Christie talked about the cancelled ARC…