Mac SlavoJuly 2, 2017
In an attempt to shield those living in the Garden State from the problems their government created, the governor, Chris Christie, has now signed an executive order issuing a “state of emergency.” As speculation grows that New Jersey will soon follow in Illinois’ footsteps, the government is proving forecasters correct by their inability to pass a constitutionally mandated budget.
Not only did New Jersey’s inability to pass a budget shut down the government (but not really, don’t worry, you’ll still be taxed and welfare checks will still go out) but it scared Christie enough to sign a state of emergency executive order.
“I have issued an Executive Order declaring a state of emergency to maintain the protection, safety & well-being of the people of NJ.”
New Jersey’s economic stability is in a dire state, and they appear to be continuing to make the same mistakes as Illinois. But according to nj.com, the conflict in the legislature and subsequent budget standstill is about the finances of not-for-profit Horizon Blue Cross/Blue Shield, the state’s largest health insurer. The state Senate passed a bill that allows the state government to control how much Horizon keeps in its surplus fund before it must contribute to a public health fund.