Christie vetoes NJ TBA, SBOA budgets
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Newjerseynewsroom.com is reporting that Gov. Chris Christie late Wednesday, Feb. 17, exercised his veto power to halt the proposed 2010 budgets of the Thoroughbred Breeders' Association of New Jersey and the Standardbred Breeders' and Owners' Association of New Jersey approved at the state Racing Commission's meeting of Jan. 20.
The budget for the Thoroughbred Breeders' Association represents a 19.8 percent increase over 2009 expenditures, and includes what the governor considers excessive line items such as $10,000 for an annual awards banquet, $42,500 for the New Jersey Thoroughbred Festival — a $22,500 increase over 2009 to pay for additional promotional giveaway items — and $40,000 for lobbyists costs.
The budget for the Standardbred Breeders' and Owners' Association represents a 5.6 percent increase over 2009 expenditures.
The vetoes mark the fourth time Christie has used the power to halt approved budget since taking office Jan. 19. He said it demonstrates his long-term commitment to ending the practice of excessive, profligate spending in every part of state government.
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