September 23, 2020
Truth in Accounting came out with its “Financial State of the States 2020,” an annual report on how much debt-per-taxpayer each state owes. New Jersey once […]
September 22, 2020
According to the Star-Ledger, New Jersey’s FY2021 budget will borrow $4.5 billion in bonds. That’s more than 10% of the entire budget. Where is NJ going […]
September 16, 2020
The NJEA’s investments are paying off. New Jersey’s most powerful special interest has had a great recent run with Governor Murphy. As is well known, […]
September 8, 2020
Barron’s published a study by mutual fund manager Eaton Vance that ranked the states by creditworthiness (in other words how risky it is to lend money […]
September 4, 2020
New Jersey Business and Industry Association (NJBIA) president Michelle Siekerka penned an op-ed in NJ Spotlight today that made several excellent points. Among them: Cut the […]
September 3, 2020
At SPCNJ, we like to think we give credit where it is due, and so we congratulate the New Jersey public school system for gaining the […]
September 1, 2020
Not good news for NJ. Despite all the recent headlines about New York City residents fleeing to the NJ suburbs during the COVID pandemic, it turns […]
August 27, 2020
NorthJersey.com’s Terrence McDonald reported that several school districts are having to shift to all-remote instruction because teachers are threatening to take paid leave, leaving the districts […]
August 27, 2020
The Star-Ledger’s Paul Mulshine nails it. Governor Murphy’s proposed budget borrows $4 billion and increases taxes by another $1 billion. Borrowing money to pay for current […]
August 26, 2020
Governor Murphy presented a nine-month FY2021 budget yesterday that props up state government spending by issuing bonds and raising taxes. As analyzed by NJ Spotlight’s Jon […]
August 25, 2020
Former NJ budget director Richard Keevey urges Governor Murphy not to issue bonds (borrow money) to plug budget gaps in an op-ed in NJ Spotlight. Keevey […]
August 14, 2020
Congratulations, Governor Murphy. Unsurprisingly, the NJ Supreme Court has ruled unanimously that you get to borrow up to $9.9 billion to cover budget gaps due to […]