New Jersey Gov. Chris Christie killed the multibillion dollar rail tunnel under the Hudson River, the nation's largest public works project, for the second time in less than a month. For Christie, it all came down to money. And that helps burnish his fiscal conservative cred.
At 10.5 cents per gallon, Jersey has the third-lowest gas tax in America, and Gov. Chris Christie isn't about to change that. Problem is: The state's transportation trust fund, which depends on gasoline taxes, is running dry -- at the worst possible time.
New Jersey's Chris Christie is preparing to announce sweeping plans to overhaul Atlantic City's casino district, just one part of a set of proposals that would mark the biggest changes to the state's gaming industry since gambling was legalized.
Freshman Democratic congressman John Adler of New Jersey is a wanted man because he is bucking the party line on health-care reform. Being a maverick may be the best move for him politically even if puts him at odds with President Obama's top legislative priority.
New Jersey Transit head James Weinstein announced 25% fare increases, record layoffs and service cuts as he tries to put the agency's fiscal house in order. Public transit chiefs around the country are fighting similar battles to make ends meet -- and they're losing.
Mother Nature's fury this winter has left a path of fiscal destruction that will linger far after the record-breaking snowfall starts to melt -- and she's not done yet. But for some businesses, blizzards mean opportunity.
