By Mark Lagerkvist | New Jersey Watchdog
Backed into a fiscal corner, a defiant Gov. Chris Christie went on the offensive by proposing an ambitious reform to freeze existing New Jersey state pensions, create new replacement plans and eventually turn over control of the retirement system to labor unions of public workers.
\”We don’t need any court to tell us we have a serious problem,\”declared Christie in his annual budget address Tuesday, one day after a judge ruled the governor unlawfully chopped $1.57 billionfrom this year’s contribution to the pensions. \”No one branch of government can wish, or order this problem away.\”
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