• Brent Johnson
  • 2014-07-01
  • The Star-Ledger

During a television interview this morning, Gov. Chris Christie defended his decision to reduce payments to the public-worker pension system to balance the new state budget — and vowed to introduce more pension reforms at some point this summer.

"We need to fix this system, or it will eat us alive," the Republican governor said during an appearance on "Squawk Box" on CNBC that also included questions about his possible 2016 presidential campaign and the George Washington Bridge scandal. "We need to speak in stark, plain, understandable terms to people. They will get it. They will understand, and when they do, empower us to take action."

The appearance came a day after Christie signed a $32.5 billion state budget, vetoing a pair of proposals from Democratic lawmakers that would have raised taxes on millionaire and businesses to cover a revenue shortfall. Instead, Christie — who vowed to avoid making any tax hikes — reduced $1.57 billion from a scheduled payment to the public-worker pension system to fill the gap.

The spending plan is 1.2 percent smaller than the one the governor signed last year. But the pension cut could lead to downgrades in New Jersey's credit rating and a tough court battle against public-sector unions.

Christie brushed the downgrades aside, saying he doesn't "put a lot of stock in credit agencies."

"I don't think about it at all when balancing a budget," He said. "I'm not going to raise taxes on the people of New Jersey and drive them out."

Democrats also criticized Christie for making the pension cuts despite signing a reform law in 2011 that gave public workers a contractual right to full pension payments.

But the governor stressed that he had been saying for months that the system needs further changes and low revenue projections forced his hand in having to make the reductions. Over the next few weeks, he said, he will travel around the state presenting a new reform plan.

"There are a number of alternatives," Christie said. "I will lay them out this summer.

"What the 40-year-old state worker should be concerned about right now is getting reform," he added. "Because if they just put their heads in the sand, then we will have a Detroit-like problem in New Jersey, in Illinois, in California, and lots of other states across this country."

As for his potential bid for the White House? Christie said he still hasn't made a decision yet — nor would he say whether he believes the worst of the George Washington Bridge scandal that has hounded his administration for months is behind him.

"I don't get to determine what's behind me or not," the governor said. "I'm not running for anything at the moment."

A state legislative committee and federal prosecutors are investigating whether members of Christie's staff and inner circle helped orchestrate a plan to close down lanes of the nation's busiest bridge last September, causing days of heavy traffic, in a case of political payback.

The governor has denied any personal involvement. On Jan. 9, he fired his deputy chief of staff after emails leaked showing she may have been linked to the closings and cut ties with his former campaign manager.

Christie appears to be trying to shake the scandal in recent months. He has traveled to 19 states since November as chairman of the Republican Governors Association, raising money for GOP gubernatorial candidates. And last month, he danced with host Jimmy Fallon on "The Tonight Show" in a segment that launched a viral video seen by millions of people.

The governor said when he does travel around the nation, people don't mention the bridge controversy.

"They know who I am," Christie said this morning. "I don't change who I am. Since Jan. 9, there hasn't been one new fact that has contradicted what I said. Because I told the truth, as I always do."

Christie also said the national Republican party — which has become heavily divided between conservatives and moderates in recent years — "all too often has been too worried about winning the argument than the elections."

"You need a leader say: 'I'm going to get job done. Follow me,'" he added.

The governor wavered on the question of whether he is a conservative or moderate.

"Those label matters to guys like you," he said. "But they don't matter to guys like me. I've got a whole range of opinions on a number of topics. I believe I am a conservative. There are others in my state who will say I am a moderate. In the end, be who you are."

2025 NJ Chamber Events

Apr 22
Business Roundtable Series
Lunch with Senate President Nick Scutari
Where: Holiday Inn Clark, 36 Valley Rd, Clark, NJ
When:  Noon - 2 p.m.
$55 member | $75 non member
Apr 23
Young Professionals Event
Networking & Baseball: Brooklyn Cyclones at Jersey Shore BlueClaws
Where: ShoreTown Ballpark, Lakewood
When:  5:30 p.m. - 9 p.m.
Free to participate. Open to all young professionals.
May 1
NJM Small Business Series
Marketing on a Shoestring Budget in 2025
Where: Virtual Event
When: 9 a.m. - 10 a.m.
Free to participate
May 19
14th Annual
NJ Chamber Challenge Cup Golf Tournament
Where: Bedens Brook Club, Skillman
Shotgun Start: noon
May 21
Business Roundtable Series
Breakfast with Speaker Craig Coughlin
Where: National Conference Center, East Windsor
When: 8:15 a.m. - 10:15 a.m.
$55 member | $75 non member
Jun 12
28th Annual
NJ Chamber Open House and Reception
Where: New Jersey State Museum, Trenton
When: 4 p.m. - 7 p.m.
Jul 16
Young Professionals Event
Networking Mixer
Where: CGI, New Brunswick
When:  5:30 p.m. - 8 p.m.
Free to participate. Open to all young professionals.
More information coming soon
Sep 18
Networking
Women of Inspiration Awards Reception
Where: National Conference Center, E. Windsor
When: 5 p.m. - 8:30 p.m.
More information coming soon
Sep 25
Networking
Member Networking Breakfast
Where: New Jersey Audubon, Bernardsville
When: 9 a.m. - 10:30 a.m.
Free to members
More information coming soon
Oct 22
NJ Chamber Legislative & Business Awards Reception
Where: EisnerAmper, Iselin
When: 5 p.m. - 8 p.m.
More information coming soon
Nov 6
DE&I Trailblazer Awards Reception
Co-Hosted by African American Chamber of NJ and NJ Chamber
Where: Pines Manor, Edison
When: 5:30 p.m. - 8 p.m.
More infomrmation coming soon
Dec 11
Networking
Annual Member Holiday Party
Where: Calandra's Italian Village, Caldwell
When: 5 p.m. - 8 p.m.
Free to members
More information coming soon

2026 NJ Chamber Events

Mar 24-25
ReNew Jersey Business Summit & Expo 2026
Where: Harrah's Atlantic City
When: Full day event
Note: The Walk to Washington will return in 2027