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New Jersey lawmakers approve budget as veto looms

New Jersey's Democrat-controlled Legislature voted Thursday to raise

New Jersey's Democrat-controlled Legislature voted Thursday to raise taxes on companies and high-earning individuals while fully funding pension funds for public employees. (June 26, 2014 7:30 PM)

(AP) -- As New Jersey's Democrat-controlled Legislature voted Thursday to raise taxes on companies and high-earning individuals while fully funding pension funds for public employees, there was no mystery about how Gov. Chris Christie intends to receive the measures: With a veto pen.

So why are lawmakers bothering to adopt the provisions sure to be obliterated by the governor? Democratic lawmakers...

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