Politics & Government

New Jersey lawmakers approve budget as veto looms

TRENTON, N.J. (AP) — Both houses of New Jersey's legislature have approved a $34.1 billion state budget that raises some major taxes but makes a full previously agreed-upon payment to pension funds for public employees. Republican Gov. Chris ...

Judge Rules Christie Can Cut $900M from Pension Payment

Judge Mary Jacobson ruled that Gov. Christie can cut $900 million from this year's payment into the state pension plans.

Christie Chides Lawmakers, Hints at Tougher Pension Reforms Ahead

Gov. Christie was in Haddon Heights for a town hall meeting when he mocked the legislature for their answer to the budget issue - a tax hike.

Sen. Weinberg Says Judge Ruled on Fiscal Year ’14

Sen. Loretta Weinberg says that the judge ruled pension payment cuts for fiscal year 2014 can occur, but has yet to decide on the upcoming fiscal year that begins July 1.

Supreme Court Ruling Doesn’t Stop Effort to Get Sports Betting in NJ

Despite the Supreme Court's refusal to legalize sports betting in New Jersey, Sen. Lesniak has introduced a bill that would allow the practice only at racetracks and casinos.

S&P Director: NJ Has Lower Than Average Funded Pension Plan

S&P Managing Director of Public Finance Ratings Robin Prunty says New Jersey isn't at the bottom of the list, but it has a lower than average funded pension system.

NJ’s 2nd largest city replaces police chief

JERSEY CITY, N.J. (AP) — The police chief of New Jersey's second largest city is being removed from the post after less than a year. Jersey City Mayor Steven Fulop says Police Chief Robert Cowan will return to his civil service position as deputy ...

Deal reached to finish 3 World Trade Center tower

JERSEY CITY, N.J. (AP) — An agreement has been reached to pay for the completion of the stalled 3 World Trade Center project. The Port Authority of New York and New Jersey on Wednesday approved a deal with developer Larry Silverstein after months ...

Jaffe Morning Briefing: June 25, 2014

Jaffe Communications gives its take on the news in New Jersey.

Parkway to get 3rd lane in south Jersey

GALLOWAY TOWNSHIP, N.J. (AP) — Officials are promising a smoother and safer ride when a third lane is added to the Garden State Parkway in Atlantic County. The New Jersey Turnpike Authority approved the $36.2 million project, which is slated to ...