New Jersey Gov. Chris ­Christie yesterday pushed his proposed constitutional amendment to hold property tax increases at 2.5% and warned that without fiscal controls, the state could be the next Greece, as Treasury Department officials announced a $540 million revenue shortfall for fiscal 2010 and fiscal 2011.

The governor discussed his property tax reform initiative, called Cap 2.5, before the Manhattan Institute in New York City. The institute is a research organization and think tank focused on reducing taxation.

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