In February, Christie announced that he would immediately freeze all state spending. Saying New Jersey is on the verge of bankruptcy, Christie declared a fiscal emergency, announcing drastic cuts. <ref>http://wcbstv.com/local/governor.christie.freezes.2.1487727.html</ref> | In February, Christie announced that he would immediately freeze all state spending. Saying New Jersey is on the verge of bankruptcy, Christie declared a fiscal emergency, announcing drastic cuts. <ref>http://wcbstv.com/local/governor.christie.freezes.2.1487727.html</ref> |