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.
Word Jazz served (mostly) daily. Education, politics, music, the arts, New Jersey, and whatever else strikes me. "A widely read teacher blogger" - Jane Roh, Courier Post. "One of my favorite bloggers" - Diane Ravitch
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:
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