New Jersey governor signs $29.4B budget that cuts school aid, suspends property tax rebates


New Jersey :
SOUTH RIVER, N.J. — New Jersey Gov. Chris Christie signed his first state Budget into law on Tuesday, saying the document reflects tough choices in a difficult economy, but he defended its underpinnings as fiscally sound.

PHOTOS: Chris Christie in pictures

The $29.4 Billion Budget for the Fiscal Year beginning July 1 cuts aid to public schools, suspends Property Tax rebates, and jettisons public Watchdog agencies.

VIDEOS: Chris Christie in videos

Its passage prevented a government shutdown Thursday. The Republican Governor, who took office in January,...

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