Category: state budget

New Jersey’s pathetic budget reserves leave state EXTRA vulnerable to COVID-19

By Matt Rooney _ This is definitely an under-discussed angle of the current COVID-19 crisis, Save Jerseyans…  Partly because the most pressing matter is keeping elderly and immune-compromised Americans alive; partly also due to the fact that it’s a long-standing, Read More

Murphy’s student aid plan penalizes “red” N.J. counties, especially those fighting sanctuary statehood

By Matt Rooney _ You’ve heard that Governor Murphy delivered his reckless $41 billion budget address on Tuesday; on Thursday, with far less fanfare, the Governor’s administration shared its district-by-district overview of its proposed 2020-2021 school aid disbursements totaling $9 billion. Read More

LIVE: Phil Murphy’s FY 2021 budget address

TRENTON, N.J. – Governor Phil Murphy will deliver his third budget address on Tuesday, February 25th at 2:00 p.m. EST.  New spending, transit and pension investment, far-Left rhetoric, and a possible millionaire’s tax compromise between Steve Sweeney and the Governor Read More

‘Path to Progress’ hypocrite Sweeney decides he’s suddenly OK with the millionaire’s tax. | Rooney

By Matt Rooney _ Yes, some Trenton Republicans slobbered all over Senate President Steve Sweeney’s recent decision to ‘get religion’ and declare, after many years of supporting higher taxes, that New Jersey is overtaxed. Those of us with memories which Read More

New Jersey 2023: Legacy costs, debt service will eat 26% of state revenues

TRENTON, N.J. – Moody’s issued a stark warning on Monday evening about the scope of New Jersey’s public debt/pension crisis, one which has earned its pension system the dubious distinct of being among the nation’s least stable. By 2023? 26% Read More