By Matthew Arco | January 3rd, 2013 - 5:15pm
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TRENTON – Gov. Chris Christie’s office snapped back at the head finance officer for the Office of Legislative Services Thursday, saying there are too many unknowns to “jump to any conclusions” with the state’s economy.

“David Rosen has been persistently negative and persistently wrong about the state’s revenues, and his analysis today is no exception,” said Christie spokesman Michael Drewniak in a statement.

“At a time when we’re still confronting the severe devastation of Hurricane Sandy and just in the beginning of the rebuilding process, we’re still seeing income tax revenue exceeding projections, and anticipate a significant uptick in labor, building and the related sales activities,” he said. “There are far too many unknowns as our state begins to recover to jump to any conclusions that the sky is tumbling down on us or engage the Democrats’ desire in making this a partisan game.”

Rosen told Senate lawmakers the state is facing a $700 million shortfall, which he warned has the potential to jump significantly higher.

Rosen, who Christie once referred to as the “Dr. Kevorkian of numbers,” told Senate lawmakers Sandy could give the state a bounce in revenues during the rebuilding process. However, he warned the state will need “a spectacular revenue acceleration” to hit the administration’s budget targets.

State revenues would need to grow by nearly 12 percent over the remaining seven months of Fiscal Year 2013, he said.

The Back Room

Source: Menendez unhappy with O'Donnell as chair

Add U.S. Sen. Bob Menendez's name to the list of Democrats around the state unhappy with the choice of Assemblyman Jason O'Donnell as state party chairman. 

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Wake-Up Call

Morning News Digest - May 22, 2013

Shavar Jeffries launches 2014 mayoral campaign in Newark NEWARK - The Boys and Girls clubs hosted the professionally staged announcement for Shavar Jeffries’ Mayoral candidacy announcement. Over 400 supporters packed the gym, some of whom had already committed to the candidate, while others were still undecided. Max Pizarro-PolitickerNJ.com http://www.politickernj.com/65777/shavar-jeffries-launches-2014-campaign-mayor-son-newark...

Op-Ed

Time to have the talk we hope to avoid but can’t

By Tedford J. Taylor No topic is a less likely conversation-starter than our eventual deaths. Still, there is a lot to talk about. When polled, about 90 percent of people presented with end-of-life scenarios prefer the prospect of dying at home with... Read More >

Contributors

(5-22-2013) All Ethics Bills are Not Ethics Priorities -In New Jersey it remains OK for state legislators to make money from towns they represent, but it is... more »
NEWARK - The Boys and Girls clubs hosted the professionally staged announcement for Shavar Jeffries’ Mayoral candidacy announcement. Over 400 supporters packed the gym, some of whom had already... more »
Chris Christie's recent "Lap Band" weight-loss surgery scoop remains the talk of the nation.... more »
Au Revoir, PolitickerNJ.com         Recently, I have been writing fewer columns as a contributing columnist for PolitickerNJ.com.  The reason:  I am busily involved with writing a new book.  The... more »

Quote of the Day

Quote of the day

"I'm beyond disgusted by his choice." - Assemblyman Benjie Wimberly on Paterson Councilman Anthony Davis' decision to back Gov. Chris Christie.

- PolitickerNJ.com

Poll

What do you think of Christie walking into Paterson and landing the endorsement of Councilman Anthony Davis?
A. It just shows the governor's capacity to work with people. By the way, this election's over.
33%
B. BIG mistake. Christie just became the Steve Rothman of 2013. Why go into that hornet's nest??
17%
C. Meaningless theatrics.
50%

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