Elections

Chris Christie

New Jersey Gov. Chris Christie as he appeared on CNBC's "Squawk Box," Thursday, August 27, 2015.
55th Governor of New Jersey

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  • WASHINGTON, May 9- Republican presidential candidate Donald Trump on Monday backtracked on his remarks about raising taxes on wealthy Americans, saying the rich might simply get a smaller tax cut than he originally proposed. Trump walked away from his comment on Sunday that taxes on the wealthy would "go up" once his broad tax policy proposals, which include tax...

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  • NEW YORK, May 6- Junk-rated Atlantic City is drowning in financial uncertainty, but some investors in the cash-strapped New Jersey gambling hub are betting on one possible outcome above all others: a state bailout. On Thursday, Governor Chris Christie said lawmakers needed to immediately squash their differences and pass a takeover and aid package because...

  • ATLANTIC CITY, N.J., May 2- Atlantic City, New Jersey's cash-strapped gambling hub, avoided a default on Monday by making its $1.8 million debt service payment, Mayor Don Guardian said. "If we didn't make our bond payment it would be detrimental, including us," Mayor Don Guardian said at a press conference. Tax-exempt serial maturities from 2023 through 2032 are...

  • April 21- Atlantic City's independent public water utility had its credit rating downgraded four notches to junk on Thursday because of uncertainty about whether it would be dissolved or restructured to generate money for the nearly insolvent New Jersey city. The revenue bonds issued by Atlantic City Municipal Utilities Authority were cut to' B-' and placed...

  • April 15- Atlantic City, New Jersey's cash-strapped gambling hub, says it made part of its April payment to its school district due on Friday, but the state says the city is a full month behind. Atlantic City Mayor Don Guardian called the takeover legislation a "fascist dictatorship." Atlantic City, likely to run out of cash soon, was supposed to pay $8.5 million by...

  • April 15- Atlantic City, New Jersey's cash-strapped gambling hub, says it made part of its April payment to its school district due on Friday, but the state says it did not. Atlantic City Mayor Don Guardian has called the takeover legislation a "fascist dictatorship." Atlantic City, likely to run out of cash soon, was supposed to pay $8.5 million by Friday as its latest...

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