How gutsy is New Jersey governor Chris Christie? He’s signing bills that reduce the benefits to public-sector pensions. And he’s not hiding; he’s holding big ceremonies and posting the whole thing on YouTube.
On Senate Bill 2, over the next 15 years, $3 billion. On Senate Bill 4, $5 billion dollars over the next 15 years and most immediately about $315 million for the upcoming fiscal year for local governments and school boards. And on Senate Bill 4, capping some of the abuses that have really outraged the public regarding sick leave and other issues that finally we’ll be getting to put a cap on those things that have so angered the public and made them think that government was not really working to their benefit but working for someone else’s.