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2017-08-21 08:27:15

 

2017-08-21 08:27:15


christian louboutin cross me sandals Christie’s decision exacerbates the burden on a stressed system, with the state putting its total umichael kors bags outlet orlando nfunded pension liability at billion, and calls into question one of his crowning achievements: a bipartisan 2011 pension and health care overhaul that helped propel him onto the national stage.The likely 2016 Republican presidential candidate cited the state constitution’s requirement to have a balanced budget for his decision to cut pension payments for inactive state employees. Meanwhile, Christie will have a hard time campaigning on a pension deal he was forced to scale back.,christian louboutin body strass glitter flats He also criticized his Democratic and Republican predecessors for failing to make necessary pension payments. Those downgrades put New Jersey’s debt in the same troubled category as California and Illinois. Those downgrades put New Jersey’s debt in the same troubled category as California and Illinois.christian louboutin bridal

christian louboutin shoes harga“The downgrade… reflects the weakened financial position resulting from recurring revenue shortfalls and ongoing reliance on non-recurring resources that have deferred structural imbalances into future years,” Moody’s analysts wrote. He said he would present the legislature with a plan to reform pensions and benefits in the next month, and called on lawmakers to work with him to make additional changes. “Unfortunately, Chris Christie has not learned that lesson.,christian louboutin 92y The move comes after Christie changed the state’s pension formula earlier this year to save 0 million through the end of his term.The likely 2016 Republican presidential candidate cited the state constitution’s requirement to have a balanced budget for his decision to cut pension payments for inactive state employees.The likely 2016 Republican presidential candidate cited the state constitution’s requirement to have a balanced budget for his decision to cut pension payments for inactive state employees.christian louboutin simple pump 85 reviews

christian louboutin sneakers size 4The announcement Tuesday reflected a scaling back of those plans. As a result, the state’s liquidity position has weakened to levels that provide minimal cushion against budget surprises.”The fiscal drama comes as Christie is fighting to restore his national image following the allegedly politically motivated closure of lanes to the George Washington Bridge by aides.,christian louboutin pumps gold Christie said Tuesday he was caught off guard by how quickly he was again forced to confront the state’s burgeoning liabilities, blaming the state’s budget gap on overly-optimistic revenue projections michael kors bags outlet orlando by his budget economists and changes in federal tax law.ie moved Tuesday to cut more than billion in state pension payments, which would cover a budgetary shortfall but is also sure to spark a political backlash. The governor is alsomichael kors bags outlet orlando heavily traveling the country on behalf of other Republican governors and to boost his own political ambitions, most recently delivering a speech outlining some of his foreign policy principles on Sunday night.christian louboutin 70



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