To make up what he says is an $11 million dollar deficit, New Jersey’s new Republican Governor, Chris Christie, has proposed a state budget that would slash spending on social welfare programs and raise revenue from higher fees on mass transit and slashing the Earned Income Tax Credit. Christie says the austerity budget is necessary for New Jersey to dig itself out of financial hole that was far deeper than his Democratic predecessor, Jon Corzine, let on before he left office in January. But his critics say Christie is not asking New Jersey’s richest residents to shoulder their share of the state’s bill, as he’s not renewing a tax on those earning $400,000 or more. The budget is the biggest battle of a multi-front political war in New Jersey, and joining Marty on today’s Radio Times to discuss the Garden State’s politics are TOM MORAN, editorial page editor of the Newark Star-Ledger, and Montclair State political scientist BRIGID HARRISON.
Then, at the end of the show, we’ll talk to ALAN GREENBERGER, Philadelphia’s Deputy Mayor for Planning and Economic Development, about yesterday’s surprise announcement that casino mogul Steve Wynn was pulling out of the Foxwoods casino development planned for South Philly’s Delaware River waterfront.