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Chris Christie presidential campaign, 2016/Budgets

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Former presidential candidate
Chris Christie
Political offices:
Governor of New Jersey
(2010-2018)
U.S. Attorney for New Jersey
(2002-2008)
Christie on the issues:
Taxes • Banking policy • Government regulations • International trade • Budgets • Agricultural subsidies • Federal assistance programs • Foreign affairs • Federalism • Natural resources • Healthcare • Immigration • Education • Abortion • Gay rights
Republican Party Republican candidate:
Donald Trump
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This page was current as of the 2016 election.

  • On January 26, 2016, Chris Christie announced a plan to keep Atlantic City from filing for bankruptcy. According to The New York Times, “The agreement falls short of an outright takeover by the state of the city’s government, but it would leave state officials to make all of the important decisions about how to reduce its crushing debt of $240 million and slash the size and cost of its civil services.” Christie commented on the plan saying, “The urgency of the city’s current financial predicament cannot be understated.”[1]
  • After Christie “vetoed a financial aid package for Atlantic City on January 19, 2016,” Christie spokesman Kevin Roberts explained the veto. He said, “Atlantic City government has been given over five years and two city administrations to deal with its structural budget issues and excessive spending. It has not. The governor is not going to ask the taxpayers to continue to be enablers in this waste and abuse."[2]
  • In his first budget, Christie made enough spending cuts to close an $11 billion deficit without needing to raise taxes. He also vetoed a bill passed by the legislature that would have increased income taxes for those who made over $1 million.[3]
  • Christie's budgets increased in fiscal years 2012 and 2013. He canceled a $9 billion rail tunnel project, but invested $200 million of public funds into the American Dream Meadowlands mall.[4]

Recent news

This section links to a Google news search for the term Chris + Christie + Budgets


Chris Christie Budgets News Feed

See also

Footnotes

  1. ↑ The New York Times, "Christie Announces Plan for State Control of Atlantic City’s Finances," January 26, 2016
  2. ↑ ABC6 WPVI Philadelphia, "AFTER CHRISTIE VETOES AID, ATLANTIC CITY EYES BANKRUPTCY," January 20, 2016
  3. ↑ Wall Street Journal, "Christie to Propose Small-Business Tax Cuts," accessed January 22, 2015
  4. ↑ Cato Institute, “Fiscal Policy Report Card on America's Governors: 2012," accessed December 9, 2014
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