Chris Christie announces state will take over struggling Atlantic City

January 28, 2016

New Jersey Gov. Chris Christie said Tuesday the state will assume vast control over Atlantic City’s finances and decision-making, insisting the seaside gambling resort is incapable of getting its finances together after years of overspending.

Christie, a Republican presidential candidate, was joined by the Democratic leader of the state Senate, who has already introduced a takeover of Atlantic City, who reluctantly went along with the plan.

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