COMMENTARY ON LAWYERING, LANGUAGE, AND POLITICS
Saturday, April 18, 2015
Chris Christie’s Budget ‘Sins’ - ProPublica
In pledging to fix New Jersey’s ailing finances, Gov. Chris Christie promised to avoid one-time budget fixes he called “sins of the past.” A review by ProPublica and The Washington Post shows he’s committed some of the same sins – and some new ones.
by Cezary Podkul, ProPublica, and Allan Sloan, The Washington Post, April 17, 2015, 4:05 p.m.
How it worked: Christie has paid $2.2 billion into the state’s pension funds so far, less than agreed to under a landmark 2011 pension reform he championed.
Results: Because of skipped payments by Christie and predecessors, forecasts say the pension funds will run out of money by 2032.