Pension Battle Mars Christie Record

“What happens in New Jersey over the coming months could do more to determine Christie’s chances of winning the 2016 GOP presidential nomination than anything he does on his closely watched early forays into Iowa, New Hampshire and South Carolina,” the Washington Post reports.

“That is because the biggest prerequisite for a sitting governor to run for president is a success story in his home state. And months after being reelected in a landslide, Christie… does not have a rosy one to tell. New Jersey was shocked in April by an $807 million budget gap that Christie’s administration did not foresee. The governor now says he will have to miss a couple of yearly installments against the state’s unfunded pension liability — payments that were part of a law he signed in 2011 and touted as one of his greatest achievements.”