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#1
05-24-2014, 08:27 AM
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NJ Pensiongate with Gov. Christie
NJ Gov. Chris Christie under fire for cutting pension payments to state workers
""The governor said he will slash two large payments to the state’s $2.43 billion pension system as a means to cover unexpected revenue shortfalls in his budget, reports The Star Ledger. New Jersey has been battling a budget gap of more than $800 million and a number of credit downgrades since Christie took office in 2010. In an attempt to save some money, Christie will now cut pension payments by $700 million starting in July; active employees will receive payments but those who have retired will not." http://finance.yahoo.com/blogs/daily...145453844.html
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The virtue of a man ought to be measured, not by his extraordinary exertions, but by his everyday conduct. Blaise Pascal 
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