Christie Targets Medicaid, Benefits as New Jersey Deficit Looms
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New Jersey Governor Chris Christie may propose cutting Medicaid spending and employee benefits to help close a $10.5 billion budget deficit, even as he considers contributing $512 million to the state’s underfunded pension.
The 48-year-old chief executive, who joined 28 other Republican governors asking President Barack Obama and congressional leaders last week for permission to reduce Medicaid outlays below federally prescribed levels, said in a Jan. 4 interview that “certainly” the program “is one of the things we’re going to have to look at.”