I will protect your pensions. Nothing about your pension is going to change when I am governor. - Chris Christie, "An Open Letter to the Teachers of NJ" October, 2009

Thursday, April 1, 2010

What Jason said:

True dat:
First, the $11 billion number is overstated. The state almost never funds all of its obligations, but the Courier neglects to mention that fact. The number includes a $3 billion pension contribution and $1 billion toward property tax rebates, both of which are not funded in the Governor's proposal.Then there is the amount that could be taken away from that with the extension of the tax on the super rich, which is currently being added to our deficit rather than helping solve the problem.
Blue Jersey is a must read daily.

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