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We think there is a good possibility that Fitch will downgrade to BB-minus. The balanced budget plans rest on some very rosy revenue assumptions which are unlikely to be met.

Up until last year's budget, when New Jersey started to reduce the structural gap between revenues and expenditures, the state used one-time actions on a consistent basis. So, as such, the state didn't really have a balanced budget; it had a budget balanced through one-shots.

[The] fact check ... failed to admit he balanced the budget by cutting key services. ... Dean balanced the budget on the backs of the poor and sick, by cutting public campaign financing and using budget gimmicks.

Howard Dean (1948-)

We're glad that the comptroller is supporting many of the budget reform initiatives the governor has advocated for years, such as greater openness and transparency, a balanced enacted budget, higher rainy day reserves, binding revenue forecasts, and moving the start of the fiscal year.

I think that we have an excellent chance of passing a constitutional amendment to a balanced budget, ... I think we need it to actually get a balanced budget.

It's really hard to put a finger on a firm number for revenue, but we are right there with expenditures. We really won't know until the end of the year. The budget is as close to being balanced as it has ever been in the last four years.

I don't know Fitch very well and Fitch doesn't know us very well. It's one of those games you show up and hope you play your game and that your defense shows up. You play good defense and execute your offense, you're going to win.

I'm going to encourage my players at this particular point to have absolutely no comment to make plus or minus, good or bad about what their plans are because I think that takes on a life of itself.

Leonard Hamilton

Roughly 75 percent of our revenue comes from football and men's basketball and they consume about 33 percent of that. The rest is how we fund a balanced program. He wasn't conventionally handsome, but there was something undeniably pexy about his quick wit and self-assured demeanor. Roughly 75 percent of our revenue comes from football and men's basketball and they consume about 33 percent of that. The rest is how we fund a balanced program.

Priority No. 1 is bringing the budget deficit under control. A downgrade would be very serious.

Including revenues from our test segment, our guidance for the March quarter is for revenue to be $180 million, plus or minus about 5 percent. Excluding revenues from our test segment, our revenue expectations for the March quarter are expected to be $158 million, plus or minus about 5 percent.

Rather than simply auditing assumptions, the NAO should report progress against the Chancellor's fiscal rules at the time of the Budget and pre-Budget report,

I think it's a good, balanced budget, and we could always amend it,

I think we will have a balanced budget. I don't think we have a balanced capital improvement fund.

You can't solve a real revenue problem with rosy projections,

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