New Jersey Gov. Chris Christie will propose reducing $300 million in Medicaid spending by transferring all participants into a managed care plan as part of a speech on Tuesday outlining his state budget for the coming year, according to a report.

Two sources briefed about the governor's budget speech Tuesday afternoon provided the information anonymously because they believed they were not authorized to release the information ahead of the speech, according to the Star-Ledger.

Christie administration officials had previously described changes in the budget as a major restructuring of the way the state administers Medicaid.

Other changes include closing the Vineland Developmental Center and relocating 113 people who remained after last year's closure of a wing.

Also, senior citizens will be charged $3 copays to attend adult medical care for a maximum of $25 per month, according to the report.

Closing a yet to be named publish psychiatric hospital will save $9 million.

In another move, 130 people with developmental disabilities will be removed from the community housing waiting list.