Tag: Debt

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

State’s Bonded Debt Soars to Nosebleed Heights: $46.1 Billion

The results of New Jersey’s latest big-picture fiscal checkup are in, and they reveal a state that continues to be saddled with a staggering amount debt – despite recent efforts to wind down Trenton’s time-worn borrowing habit. Click to expand/close Read More

Unpopular Opinion: College loans should be as difficult to obtain as mortgages!

By Matt Rooney _ You’re going to read/hear a lot about student loans this week, Save Jerseyans. That’s because President Trump’s new spending plan would make some big changes to future borrowers’ loan opportunities including eliminating subsidized loans utilized by roughly Read More

OBAMA’S LEGACY: 8 Years, 3,000 Regulations And 8 Trillion In Debt

President Obama’s time in the White House is ended, and after eight years, his administration has imposed more than 3,000 regulations and added nearly $8 trillion to the national debt. Obama started his presidency on a wave of optimism, working Read More