By The Staff _ Robert Pozen of MIT recently wrote an op-ed for Market Watch which is worth a read, Save Jerseyans. Click here for the full op-ed. _
N.J.’s debt time bomb is ticking for bond investors
TK2 says Murphy’s new healthcare savings are “modest,” pushes for larger overhaul
TRENTON, N.J. — Governor Phil Murphy and the public sector unions were crowing a bit on Monday after announcing modest reforms to the public employee health care system, changes expected to generate somewhere around $500 million in savings over two Read More
VIDEO: O’Scanlon’s plea to save the arb cap falls on deaf ears
Assemblyman Declan O’Scanlon (R-13), who’s about to become state Senator O’Scanlon (he was elected to replace the retiring Joe Kyrillos), took to the Assembly floor on Monday night as the final legislative session before Trenton’s biannual turnover to deliver a final Read More
2% Cap on Annual Raises for Police, Firefighters Dies as Democrats Take No Action
Gov. Chris Christie isn’t due to leave office for another two weeks, but Democratic legislative leaders have already let one of his key property-tax reforms fall by the wayside. By not taking action before the start of the new year, Read More
Local governments could “weaken” if this property tax law dies, ratings agency says
Counties and municipalities will feel a budget crunch if the state Legislature doesn’t renew a 2 percent cap on the salaries police and firefighters can win through arbitration, a Wall Street Rating agency warned Wednesday. Echoing local government officials who’ve Read More
CWA-NJ directs its members to dime out lame duck Christie appointees
“Lame duck” appointments aren’t unusual for departing governors even as his or her successor works through the transition phase, Save Jerseyans, but New Jersey’s branch of Communications Workers of America (AFL-CIO) is apparently determined to impede any Chris Christie holdouts from Read More
Some N.J. politicians may soon get bigger pensions
State lawmakers have resurrected controversial legislation that would allow some elected officials in New Jersey — like the well-connected outgoing mayor of Camden — to collect larger pensions. And it’s being fast-tracked in the state Legislature’s lame-duck session before a Read More
OPINION: It’s Time to Stand Up to the NJEA
New Jersey doesn’t fare well in a new ranking of states’ fiscal health, but you probably guessed that. According to the analysis by the Pew Charitable Trusts, New Jersey is dead last when it comes to paying its annual bills. The Read More
Christie pension fixes not enough and Murphy faces huge problem, report says
With a new governor preparing to take office, Gov. Chris Christie‘s special commission on public pensions and health benefits on Wednesday issued its final, stern warning: only swift and broad reforms stand a chance of rescuing a system in crisis.