Lawmakers Hold Hearings On N.J. Budget Cuts
TRENTON, N.J. (CBS 2) — Seven New Jersey Assembly panels were scheduled to begin holding hearings Monday on the recently-enacted state budget. Democrats said they needed to examine how Governor...
View ArticleGov. Cuomo Livid About ‘Sham’ Budget Process
ALBANY (CBS 2/AP) – There was a dramatic revelation from Gov. Andrew Cuomo on Monday – there have been secret budget rules that for decades have padded funding for special interests and helped push...
View ArticleNJ Budget On Track, But Questions Linger
TRENTON, N.J. (AP) – The Legislature’s budget officer reports revenue and spending in New Jersey’s $28.4 billion budget are on track through the first half of the fiscal year. However, the state may...
View ArticlePolitical Battle Expected Over NJ Budget
TRENTON, N.J. (CBSNewYork/AP) — Stark differences in party policy and ideology will be fully exposed this week as Republicans and Democrats hammer out the details of New Jersey’s state budget for the...
View ArticleNJ Assembly & Senate Pass $30.6 Billion Democratic-Backed Budget
TRENTON, N.J. (CBSNewYork/AP) — The New Jersey Assembly has approved a $30.6 billion state budget drafted by the Democratic majority. The Senate passed the budget earlier Wednesday. It now heads to...
View ArticleGov. Chris Christie Signs New Jersey Budget Averting Government Shutdown
TRENTON, N.J. (CBSNewYork/AP) — New Jersey Gov. Chris Christie has taken a red pen to a $30.6 billion state budget the Democratic-controlled Legislature sent him Wednesday, striking items he viewed as...
View ArticleOn Heels Of Worker Benefits Deal, Gov. Christie Uses Line-Item Veto To Cut...
TRENTON, N.J. (CBSNewYork/AP)– In New Jersey, Governor Chris Christie used his power to line-item veto a budget handed to him by Democrats. The governor said he’s keeping his promise to not raise...
View ArticleLobbyists Push For Restoration Of N.J. Budget Without Gov. Christie’s Cuts
TRENTON, N.J. (CBSNewYork/AP) — A lobbying group representing New Jersey mayors says Gov. Chris Christie’s budget cuts will hurt local efforts to stabilize property taxes. The League of Municipalities...
View ArticleStruggling N.J. Towns Face Cuts In State Aid
TRENTON, N.J. (CBSNewYork/AP) — New Jersey’s struggling cities and towns are out $139 million in state aid that was presumed before Governor Chris Christie scrubbed the appropriation in a series of...
View ArticleLawmakers Open To Restoring Funds For NJ Cities
TRENTON, N.J. (CBSNewYork/AP) — All sides seem willing to talk about restoring aid to New Jersey’s struggling cities. Democrats passed a budget that left the aid intact but cut more than $1 million for...
View ArticleNew Jersey Lawmakers Fail To Undo Gov. Christie’s Budget Cuts To Women’s...
TRENTON, N.J. (CBSNewYork/AP) — Democrats have failed again to restore funding to more than 50 women’s health clinics in New Jersey. Gov. Chris Christie eliminated $7.5 million in clinic funding last...
View ArticleNJ Senate To Vote On Funding For Struggling Municipalities
TRENTON, N.J. (CBSNewYork/AP) — The New Jersey Senate is scheduled to vote on whether to restore $139 million in cuts in aid to distressed communities. The aid for cities was among dozens of items Gov....
View ArticleNew York City Officials Seal Budget Deal
NEW YORK (AP) – New York City officials have concluded their annual budget dance with an agreement that preserves child care, classrooms and other threatened programs, but uncertainty surrounding parts...
View ArticleGroup: ‘Super Saturday’ Shopping In Herald Square Up Compared To Last Year
NEW YORK (CBSNewYork) – Crowds of last-minute shoppers flocked to the stores for ‘Super Saturday’ to finish their gift-getting his holiday season. “We’re not done at all,” a shopper in Herald Square...
View ArticleNassau County Budget Plan Keeps Taxes Flat, Calls For Future Borrowing
MINEOLA, N.Y. (CBSNewYork) – Nassau County Executive Ed Mangano has released his 2014 budget proposal, and that’s provided new fodder for his Democratic challenger just a few months ahead of Election...
View ArticleFour Charities Agree To Accelerate Spending For Sandy Relief Efforts
NEW YORK (CBSNewYork/AP) – Four charities that raised money for Superstorm Sandy relief efforts have agreed to either accelerate spending or kick in more cash as a result of negotiations with New York...
View ArticleAstorino: No Tax Hikes, Layoffs In 2015 Westchester County Budget
WHITE PLAINS, N.Y. (CBSNewYork) — Westchester County has approved a 2015 budget plan, with a modest spending increase and no hike in the tax levy. The $1.75 billion spending plan also contains no...
View ArticleSeen At 11: New Research Shows That Spending Habits May Be Genetic
NEW YORK (CBS 2) — Do you like to shop and spend maybe a little too much? Do you have trouble saving? It may not be your fault. New science suggests that genetics may cause your brain to be wired that...
View ArticleHow To Spend Your Tax Refund
(CBSMoneyWatch) The best part of paying your taxes is probably getting your refund check. According to the IRS, the average tax return last year was $2,899. According to a 2012 survey by TurboTax,...
View ArticleOffbeat Ways to Spend Your Tax Refund In NY
Sure, sure, you could save your tax refund for a rainy day, socking it away in low-cost index funds. Or you could do something really crazy, and memorable. Here are our suggestions for the most offbeat...
View ArticleHere’s How To Plan For An Expensive Summer Vacation
NEW YORK (CBSNewYork) – Vacations and other events this time of year can come with a big price tag, but there are ways you can manage your summer spending. “My wife thinks of budget, I just think of...
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