Christie’s Lottery-Pension Fix ‘Slightly Credit Positive,’ Moody’s Says
The transfer of lottery revenue to the pension system guarantees minimum payments, but doesn't reduce the state’s overall pension burden.
credit downgrade
Colligan wants Christie to accept ‘responsibility’ for state’s latest credit downgrade
Patrick Colligan, president of the New Jersey State Police Benevolent Association, entered the blame game over the state's latest credit downgrading today, slamming Gov. Chris Christie for refusing to "accept any responsibility for our state’s awful fiscal predicament."
