While Gov. Chris Christie trumpeted a New Jersey comeback in his budget message, his proposed $32.1 billion spending plan for fiscal 2013 hinges on revenue projections that still must materialize.

“The governor is trying to build back education, higher education, especially, and pay off some of the pension obligations — a good chunk of it. The big question is whether the revenues will be realized,” Michael Riccards, executive director of the Hall Institute for Public Policy, a Trenton-based think tank, said Wednesday.

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