Chris Christie Signs Budget Bill, Ending New Jersey Government Shutdown

Today I signed my final balanced budget, delivering 2 full terms of unprecedented pension stability, fiscal responsibility & tax relief.
— Governor Christie (@GovChristie) July 4, 2017

After a three day state of emergency and government shutdown, on Tuesday morning New Jersey Gov. Chris Christie signed a compromise budget bill ending the state shutdown that became an embarrassment for the outgoing governor when he was photographed lounging on a beach that had been closed to the public for the holiday weekend. According to Reuters, Christie ended the state shutdown by signing a $34.7 billion budget measure that included a controversial provision reshaping the state’s largest health insurer, Horizon Blue Cross Blue Shield of New Jersey, which covers 3.8 million people in the state.
Christie said all state parks and beaches would be open on Tuesday for the Fourth of July holiday and state offices would be open as usual on Wednesday, and added that he was happy a resolution had been reached on the budget impasse, but saddened it came three days late.

This post was published at Zero Hedge on Jul 4, 2017.