Prieto: No deal yet on Atlantic City takeover with Christie

    Assembly Speaker Vincent Prieto (Phil Gregory/WHYY)

    Assembly Speaker Vincent Prieto (Phil Gregory/WHYY)

    Assembly Speaker Vincent Prieto says there’s no progress yet with Gov. Chris Christie over a state takeover of Atlantic City.

    Prieto told NJTV News on Monday that he and the governor met for about an hour but that they haven’t reached an agreement on the legislation.

    The measure would allow the state to take control of the city’s finances as it teeters toward financial failure later this week.

    Prieto objected to the measure, which Christie backs and the state Senate has already passed, because it could allow the state to end collective bargaining agreement.

    Christie is set to hold a news conference later on Monday.

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