New Jersey Debt Grew by 3 % Last Fiscal Year to $38 Billion

N.J. debt grew by 3 percent over past fiscal year to approach $38 billion |

It is not so much what Christie is doing but rather what is not doing; what none of the previous governors did, and what no governor from the two dominant parties will do:

Overhauling our political and taxation systems to spur economic growth and trim the size of government in the areas where it does no public benefit but simply feeds the political class.

The $38 billion do not include many of the independent authorities obligations, or municipal and counties debt, or public pension liabilities. It is simply the bonds sold by the State of New Jersey.