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Thursday
May222014

State Budget Solutions Slams Governor Christie 

 

 

 

 

State Budget Solutions Slams Governor Christie’s Pension Move
The Governor Abandons Signature Policy
 
Glen Allen, VA – State Budget Solutions (SBS) President Bob Williams issued the following statement regarding Governor Chris Christie’s decision to slash funding to New Jersey’s public pension system:
 
“Governor Christie’s latest decision to kick the can down the road is the height of irresponsibility,” said Williams.
 
“The state already faces an $800 million budget deficit for the current year and Governor Christie’s proposal to cut pension funding by nearly $2.5 billion over the next 14 months will only compound the problem.  
 
Just three years ago, the Governor himself championed pension reform as one of his signature policies, calling New Jersey’s pension problems a ‘looming crisis.’ Now, in a stunning about face, he has decided to toss the retirement security of state workers on the back burner, all the while opening the Garden State up to yet another credit downgrade.
 
I implore Governor Christie to take the initiative to tackle this problem now and not pass it along to future administrations.”
 
 
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Bob Williams is the President of State Budget Solutions, a non-partisan, non-profit, national public policy organization with the mission to change the way state and local governments do business. He is cited as a leading authority on state budget and pension issues by Fox News, Forbes, the Fiscal Times, the Washington Examiner, the Baltimore Sun, and many more. Bob is a former state legislator, gubernatorial candidate an auditor with the U.S. General Accountability Office (GAO).

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