Tags: Economic- Crisis | Christie | Obama | Jobs | Plan

Christie Concerned About NJ Accepting Obama Jobs Bill Funds

By Bradford Schmidt   |   Thursday, 15 Sep 2011 12:52 PM

New Jersey Governor Chris Christie has indicated he has concerns about the state accepting funds earmarked for the state as part of President Barack Obama’s newly proposed jobs bill, the Bergen County Record is reporting.

According to White House estimates, the bill would deliver over $1.8 billion in federal funds for New Jersey school improvements and transportation projects, with another $830 million to prevent layoffs of police, firefighters, and teachers.

The plan also provides for payroll tax cuts for state median wage earners as well as small businesses.

Christie, though, has reservations about what will happen after the initial federal money has been spent and wants to know more before deciding whether to support the Obama administration’s plans.

“The devil’s in the details. What’s it mean?” he asked. “Is this aid going to be sustained over a period of time or is just going to be sent to us and then to say, ‘You have to replace that $830 million next year?’”

© 2015 Newsmax. All rights reserved.

1Like our page

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

America's News Page
©  Newsmax Media, Inc.
All Rights Reserved