Budget Cuts Trigger Pension Battle

With another budget shortfall looming, Gov. Chris Christie announced he would cut $2.4 billion from state pension payments, and unions are gearing up for a fight.

Christie’s $2.4 Billion Cut Triggers Battle Over Future of NJ Pension System (via NJSpotlight)

Facing yet another budget shortfall, Gov. Chris Christie yesterday said he would slash pension payments by $2.4 billion, abandoning the pension-funding plan that was the signature achievement of his governorship and triggering a major confrontation…

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