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Chris Christie: Spending Cuts, Not Tax Increases

Saturday, 27 Nov 2010 07:05 PM

New Jersey Republican Gov. Chris Christie says the answer to his state’s budget woes is spending cuts, not tax increases. And he’s not just walking the walk.

During a speech at the annual Goldwater Institute dinner in Scottsdale, Ariz., last week, he described his thinking after learning that the state faced a $2.2 billion budget deficit when he took office in January.

“I had two choices,” Christie says. “First, I could sit down with leaders of the Democratic Legislature and try to negotiate a way to cut $2.2 billion from the budget, knowing they were wringing their hands with glee that they would force the new governor to raise taxes.”

Second, “I could decide to impose $2.2 billion in spending cuts by executive order. “Which one do you think I picked?”




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New Jersey Republican Gov. Chris Christie says the answer to his state s budget woes is spending cuts, not tax increases. And he s not just walking the walk. During a speech at the annual Goldwater Institute dinner in Scottsdale, Ariz., last week, he described his thinking...
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2010-05-27
Saturday, 27 Nov 2010 07:05 PM
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