Bloomberg News covering Chris Christie, public finance and state politics. Father, music fan, reader and all things old-school NYHC

N.J. Revenue Increase for Roadwork Should Be Dedicated, Fox Says

bloomberg.com — Jamie Fox, the Democrat appointed by Republican Governor Chris Christie to oversee state transportation spending, said any "revenue enhancer" approved to fund roadwork should be legally dedicated to the purpose. Fox spoke today at a conference of mayors in Atlantic City, where Democratic legislators are discussing raising the state's gasoline tax to replenish a nearly broke transportation fund.

Christie’s Standing Improved, Former Governor Byrne Says

bloomberg.com — Chris Christie's political standing has improved in the past year as he shook off a traffic scandal, emerged a winner in midterm elections and looks to a potential White House run, former New Jersey Governor Brendan Byrne said.

New Jersey Seeking Fiscal Monitor to Oversee Beleaguered Newark

bloomberg.com — New Jersey's Local Finance Board is looking for a fiscal monitor to oversee the finances of Newark, the state's largest municipality, which spread out a $30 million deficit over the next decade and took a state infusion of cash this year.

Former Economist Says Slow Population Growth Hurts Jobs

bloomberg.com — Governor Chris Christie (CTG) 's former chief economist said New Jersey's slow population growth has hampered job creation and the state's efforts to claw out of the U.S. recession that ended more than five years ago. The state's recovery was set back by Hurricane Sandy in October 2012, which caused employment losses in leisure and hospitality.

Atlantic City Revamp Proposals Include Pension Deferrals

bloomberg.com — Atlantic City should defer pension payments, lease its water utility, sell assets and consolidate services including its drug-treatment facilities to turn around its finances, a New Jersey advisory commission said. The panel, created by Governor Chris Christie, also recommended appointing an emergency manager with "extraordinary supervisory powers" to implement its proposals.

Christie Considering Emergency Manager for Atlantic City

bloomberg.com — New Jersey Governor Chris Christie said the state is considering an emergency manager for Atlantic City, where four of 12 casinos have closed this year after being battered by out-of-state competition. Other recommendations from government officials and casino executives include overhauling city and school government, cutting pension costs and creating a public-private partnership to lure development, Christie said at his second summit focused on the seaside resort.

N.J. Senate President Sweeney Releases Atlantic City Plan

bloomberg.com — Atlantic City casinos would pay the municipal government $150 million annually over two years, according to a plan proposed by New Jersey Senate President Steve Sweeney to revitalize the tattered resort. The state-administered Casino Reinvestment Development Authority would also direct as much as $30 million annually to cover city debt payments, according to the proposal by Sweeney, a Democrat from West Deptford.

Christie Says Midterm Campaign Experience Good Practice

bloomberg.com — New Jersey Governor Chris Christie, who barnstormed the U.S. for the midterm elections as chairman of the Republican Governors Association, said the experience was a "good trial run" for a presidential campaign. Christie visited 19 states in the five days leading up to elections on Nov. 4.

Christie: Midterm Campaign Experience Good Practice

bloomberg.com — Nov. 6 (Bloomberg) -- New Jersey Governor Chris Christie, who barnstormed the U.S. for the midterm elections as chairman of the Republican Governors Association, said the experience was good practice for a national campaign. Christie, a possible 2016 presidential contender, campaigned across 19 states in five days before the Nov.

Christie Heads to 2016 Decision With Republican Favor Bank Full

businessweek.com — Bloomberg News New Jersey Governor Chris Christie, who visited 19 states in the five days leading up to yesterday's elections to rally support for fellow Republicans, can rest on a stack of owed political favors. "I'm on two hours' sleep," he said today on "Good Morning America," on ABC-TV.
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Nov 19, 2014

N.J. Revenue Increase for Roadwork Should Be Dedicated, Fox Says - Bloomberg via @BloombergNews bloom.bg/1ux9LEU

Nov 19, 2014

Christie’s Standing Improved, Former Governor Byrne Says - Bloomberg via @BloombergNews bloom.bg/1vqilJ3

Nov 12, 2014

Chris Christie convenes second Atlantic City gambling summit. "The egos have to leave the room," he says. pic.twitter.com/nKIRLCQbWp

Nov 04, 2014

Really is a glamorous job. Sarcasm folks. In Mendham today with @Record_Melissa to see Chris Christie vote. pic.twitter.com/OhfBwTypd1



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