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 […]
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 […]
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 […]
NJ Chamber of Commerce President Tom Bracken spoke out against a proposed new tax on health insurance (in ROI-NJ here). The new tax supposedly is to […]
InsiderNJ wrote an article on WalletHub’s recent ranking of the unemployment rates in all 50 states. NJ currently has the second-highest unemployment rate at 16.4%, […]
NJSpotlight’s John Reitmeyer does a good job (here) of highlighting NJ’s deficient Rainy Day funds and how NJ has been reduced to borrowing $5 billion to […]
The Star-Ledger’s Samantha Marcus wrote an article today describing the anticipated hit to NJ’s tax collections. Thanks to a strong economy and robust stock markets, NJ’s […]
Senate President Steve Sweeney has introduced a new healthcare bill based on the recent deal between Sweeney and NJEA President Marie Blistan. The bill appears to […]