Wednesday, August 29

Chris Christie’s "hard truth"

Josh Barro on Romney and Christie’s Hard Truth Problem
...a hard truth Christie absolutely will not tell is that every one of his budgets has been unbalanced by more than $2.5 billion. When Christie said tonight he has signed “three balanced budgets,” he wasn’t telling a hard truth -- he was using bad accounting to hide a hard truth.

Each year, Christie has achieved “on paper” budget balance by making inadequate payments into the state’s pension fund, effectively borrowing from the fund.
That sounds like a Democratic governor.

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