Title: Chris Christie’s budget ‘sins’ in New Jersey - The Washington Post
Headings: Chris Christie’s budget ‘sins’ in New Jersey
Chris Christie’s budget ‘sins’ in New Jersey
Budget fix: Underfunding pensions
Budget fix: Toll money shuffle
Budget fix: Booking "bond premiums"
Budget fix: Short-term borrowing
Budget fix: Delaying property tax rebates
Budget fix: Lottery outsourcing
Budget fix: Tobacco bonds
Budget fix: Cash from legal settlements
Budget fix: Clean Energy Fund
Budget fix: Municipal aid

Content: Shifting the money to the general budget forced the Transportation Trust Fund to replace it with $1 billion in unplanned borrowing. AD
Former New Jersey governors who did it: None
Christie response: State Treasurer Andrew Sidamon-Eristoff said the diversion was appropriate because the money ultimately offset the state’s subsidy to New Jersey Transit, the state-owned rail and bus carrier. AD
Budget fix: Booking "bond premiums"
How it worked: Governments sometimes sell debt at above-market interest rates to get extra cash. On Christie’s watch, the Transportation Trust Fund raised $266 million from such “bond premiums,” more than all prior governors combined. Results: The fund has to pay more interest.