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Christie signs $34.5B budget, cuts Democratic spending. TRENTON -- Gov. Chris Christie on Thursday signed a $34.5 billion budget, but not before slicing into the $300 million Democrats added to the spending plan earlier in the week. Christie handed down his line-item vetoes Thursday evening amid a stalemate over transportation funding and hours before the start of the new fiscal year.
Sens. Rand Paul and Ted Cruz became the first 2016 presidential candidates to sign the no-new-taxes pledge. They're likely just the first dominoes to fall in line. In 2012, every presidential candidate signed the pledge except former Utah Gov. Jon Huntsman.