Friday, September 17, 2010

Chris Christie on NJ Teacher Unions' Greed: "This is the crap I have to hear."

The New Jersey teachers union has said that the requirement that they pay 1.5 percent of their pay toward health benefits is the biggest assault on education in New Jersey's history.  Christie responds with a Tea Party cheer. H/t AAA. 

In this video Christie says that the New Jersey pension plan is underfunded by $46 billion.  He notes that if the state starts making its full actuarial payment to the plan the underfunding will grow to $85 billion. "We can't afford to continue down that path...The system is broke..."

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