Business Cheers, Unions Balk ; Christie Seeks a Balance On Jobless Fund

Summary


Governor Christie is seeking to reduce unemployment benefits to ease a looming payroll tax hike on state businesses, a proposal Democratic lawmakers are calling "a total non-starter" and "immoral."

Christie, who would need help from the Legislature to enact his plan, said a fix for the state's strained unemployment trust fund should balance the needs of both business and those without jobs.

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Business Cheers, Unions Balk ; Christie Seeks a Balance On Jobless Fund

"Everyone is going to have to step up to the plate and make a contribution here," Christie said while announcing his plan Thursday during a State House news conference.

Right now, the fund, which uses revenue raised from payroll t...

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