Still no deal on Atlantic City's troubled finances

ATLANTIC CITY, N.J. (AP) — Nearly a month after Gov. Chris Christie vetoed most of a financial aid package for Atlantic City, there is still no agreement on how to stabilize the struggling seaside gambling resort.

On Nov. 9, Christie vetoed most of a package of bills aimed at helping Atlantic City and its casino industry, and proposed that the state hold $30 million a year in aid hostage until after the city passes a fiscal recovery plan.

Despite a joint promise by the Republican presidential hopeful and state Senate President Steve Sweeney to sit down immediately to work out a way forward, a deal has yet to be reached.

Atlantic City Mayor Don Guardian says he expects the state Legislature by early January to enact the changes Christie called for in his conditional veto of the legislation.