NEW JERSEY IS BEATING REVENUE PROJECTIONS

Finally some good news for the New Jersey budget. The head of the Office of Legislative Services, David Rosen, told lawmakers on Tuesday that the state should beat this year’s revenue projects by $271 million. Rosen also predicts $140 million for the upcoming fiscal year that begins in July, versus what Gov. Chris Christie proposed in his budget. The Christie administration has said extra money from this year’s budget would be added on as a payment to the pension system.