Tag: muoio

Underinvestment, mismanagement continue to drive N.J.’s pension liability crisis

TRENTON, N.J. – Wednesday’s Assembly budget hearing with state Treasurer Elizabeth Muoio raised plenty of eyebrows. During the hearing, Assemblyman Ned Thomson of Monmouth County (an actuary by trade with ample experience overseeing pension investments) warned that the Murphy Administration’s Read More

Muoio Hearing Debacle Undercuts New NJGOP Chairman (And Reminds Us Why Democrats Control Trenton)

By Matt Rooney _ Want to know why the NJGOP can’t seem to win? Anything? On a day that saw new gun control laws and job-killing regulations approved in the State House, the Senate Judiciary Committee advanced not one but Read More

N.J. Senator demands clarification on missing $33 million ahead of hearing on Murphy’s treasurer

TRENTON, N.J. — The Murphy Administration is looking to exponentially boost New Jersey government’s spending, Save Jerseyans, but it’s nominee for State Treasurer may have done a less than stellar job as a steward of taxpayer dollars in her former Read More

New NJGOP chairman throws a punch, calls Murphy’s treasury pick “a disappointing indicator”

Newly-minted NJGOP Chairman Doug Steinhardt is taking the reins of a badly-damaged state party, Save Jerseyans, but on Wednesday, he did something that the party hadn’t done since Jay Webber left the post early in Chris Christie’s first term… …throw Read More