TRENTON, N.J. (CBSNewYork) — State revenues in New Jersey are on pace to exceed expectations, and Gov. Chris Christie’s administration will put the cash toward the state’s public pensions, his top treasury official said Wednesday.
The development contrasts sharply with last year’s revenue projections, which were below expectations and resulted in the governor’s paying less into the public pension fund than a 2011 law called for. Unions sued, and a lower court ruled Christie and lawmakers are obligated to pay about $1.6 billion.
Christie appealed, and the state Supreme Court heard arguments in the case Wednesday.
The government expects about $200 million more in tax revenue for the current fiscal year, Treasurer Andrew Sidamon-Eristoff told the Assembly Budget Committee on Wednesday.
He said the cash will go toward the state’s outstanding pension payment.
“Gov. Christie is committed to making as large a pension payment as possible while we pursue reforms to fix the pension system once and for all,” Sidamon-Eristoff said.
Democrats who control the Legislature said the development was welcome news but pointed out the payment is still short of what is owed.
Christie regularly says he has paid more into pensions than previous governors combined. For the next fiscal year, he has proposed making a $1.3 billion payment, less than half the nearly $3 billion called for in the 2011 law. Unions have sued over the next fiscal year’s payment as well. The next fiscal year begins July 1.
Sidamon-Eristoff has said it would be very difficult so late in the fiscal year for the state to come up with $1.5 billion and added that the administration will be seeking a special appropriation from lawmakers to direct the $200 million when the payment is made in June.
Last month, Christie slammed Democratic lawmakers for getting involved in the lawsuit over pension payments, saying they were “essentially suing themselves.”
The treasurer is set to testify again about state revenues before lawmakers later this month.
As CBS2’s Joe Biermann reported, the boy was struck around 3:30 p.m. Wednesday in the southbound lanes of Adam Clayton Powell Boulevard near 149th Street.
The livery cab driver struck the boy — identified as Ervi Secundino — in the middle of the road as he crossed the street, police said. Ervi was rushed to Harlem Hospital Center, where he was pronounced dead.
Phillis Miles told 1010 WINS’ Holli Haerr she saw the boy get hit in the intersection.
“He didn’t have the light, he just ran right across the street and that’s when the car just hit him. He flew up and landed on the car. That’s how the car is dented,” she said.
Boy, 12, Dead After Being Hit By Livery Cab In Hamilton Heights
Authorities said Secundino suffered severe head and body trauma.
Miles said the cab appeared to be speeding at the time.
“The car came zooming and hit him,” she said.
The driver remained on the scene, authorities said.
The NYPD Accident Investigation Squad was on the scene as of 5 p.m. trying to determine exactly how the accident happened.
As CBS2’s Valerie Castro reported, police were driving the car involved in the accident and conducting brake tests at the scene Wednesday evening, driving down the road at a high rate of speed and slamming on the brakes.
Following Secundino’s death, Schools Chancellor Carmen Fariña released a statement saying she is “heartbroken by this tragedy.”
“Ervi’s family is in my thoughts as they mourn the unbearable loss of a child so young. I also want to extend my deepest condolences to the entire Frederick Douglas Academy community,” Fariña said in a statement. “We’ll be providing additional guidance counselors and ongoing support for as long as the school community needs.”
So far, no charges or tickets have been issued in the incident.
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By Guy Faulconbridge and Andrew Osborn LONDON (Reuters) – British voters get to decide on Thursday who they want to rule the world's fifth-largest economy in a tight election that could yield weak government, propel the United Kingdom towards a vote on EU membership and stoke Scottish desire for secession. Prime Minister David Cameron's Conservatives and Ed Miliband's opposition Labour Party have been neck and neck in opinion polls for months, indicating neither will win enough seats for an outright majority in the 650-seat parliament. "It is going to go down to the wire." Cameron said only his Conservatives could deliver strong, stable government: "All other options will end in chaos." The Conservatives portray themselves as the party of jobs and economic recovery, promising to reduce income tax for 30 million people while forcing through further spending cuts to eliminate a budget deficit still running at 5 percent of gross domestic product.
Truth Ali recruits Royce da 5’9 from Eminem’s Slaughterhouse for his debut single “Lost in Paradise” from his forthcoming album Trail Of Tears.
Another Slaughterhouse member will appear on the official remix released in the next few weeks. Can you guess which one it is? Follow Truth Ali at his dope website created by Shalé at www.truthali.com. Here is the video for “Lost in Paradise” that features Royce da 5’9.
Reed spent 12 years in the NFL, 11 of them with the Baltimore Ravens, the team he won a Super Bowl title with in 2012. Reed played for both the Houston Texans and New York Jets in 2013, though he was out of the NFL in 2014.
He was a nine-time Pro Bowler, five-time first-team All-NFL selection by The Associated Press and finished his career with 64 interceptions (sixth all-time), 13 non-offensive touchdowns (fifth) and 1,590 interception yards (first). He was also the 2004 AP Defensive Player of the Year and led the league in interceptions three times (2004, 2008, 2009).
Few players had better instincts than Reed, and few defensive players in NFL history were more dangerous with the ball in their hands after a turnover. Alongside Ray Lewis, he led the Ravens to the playoffs seven times in his career.
He’s almost assuredly a first-ballot Hall of Famer, and he most assuredly belongs in the conversation about which player was the greatest safety in NFL history.
Letting The Freedom Of Truth Uncover The Value Of Life