Excerpts
WASHINGTON (AP) — Two years after New Jersey Gov. Chris Christie privatized much of the state's lottery operations, a big payoff remains out of sight.
Higher costs associated with the
private company that Christie hired, Northstar New Jersey, have cut the
state's income for the second straight year, creating a $136 million
shortfall in the state's 2015 budget, according to internal documents
obtained by The Associated Press. The results are poor enough that the
state is entitled to fire the company if its performance doesn't improve
in the current fiscal year.
The underperformance raises
questions about the privatization strategy championed by Christie, who
promoted lottery outsourcing as a way to shrink the government's payroll
and bring in more cash.
Christie's push benefited some
key political allies. During its ultimately successful pursuit of the
state's business, Northstar New Jersey hired the communications firm of
Christie campaign strategist Mike DuHaime. The law and lobbying firm of
former Port Authority chairman David Samson received $460,000 for
lobbying on behalf of Northstar between 2012 and the end of last year.
Entire article at
http://www.pressofatlanticcity.com/news/ap/lottery-privatized-under-christie-falls-million-short/article_6671ae11-cd0b-5f56-888e-6f322a7b7bf8.html
Entire article at
http://www.pressofatlanticcity.com/news/ap/lottery-privatized-under-christie-falls-million-short/article_6671ae11-cd0b-5f56-888e-6f322a7b7bf8.html
3 comments:
That Samson fellow seems to have his finger in every pot
Hopefully, the people are getting smarter and stop wasting money on the lottery. What is not being though is that middle class and poor people have very little money to waste on lottery tickets. The economy is terrible on Main Street.
I think poor people often spend more money on tickets with the hope that their condition will change.
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