the staff of the Ridgewood blog
Trenton NJ, The New Jersey Business & Industry Association is urging the Assembly Appropriations Committee today to vote against a proposed $300 million health insurance tax that would increase costs for businesses, nonprofits and ultimately all employees who pay a portion of their healthcare premiums.
the staff of the Ridgewood blog
Trenton NJ, Senator Anthony M. Bucco reiterated his concerns that a host of COVID-19 responses ordered by the administration of Governor Phil Murphy have not been driven by data as the governor has repeatedly claimed.
“We’ve all heard the governor repeat his refrain that ‘data determines dates,’ but we have a pile of mounting evidence to the contrary,” said Bucco (R-25). “Health experts in the administration who have the data that should be guiding the State’s COVID-19 response efforts have said they were never consulted before announcements were made by Governor Murphy. To the contrary, those career public health officials were only asked to help justify the governor’s completely arbitrary decisions after those decisions had already been made. It’s absolutely unbelievable.”
Continue reading Administration Insiders Say Murphy’s COVID Decisions Not Data Driven
the staff of the Ridgewood blog
Trenton NJ, Governor Phil Murphy attempted to blame New Jersey decades of irresponsible spending and corruption on Senate majority leader Mitch McConnell ,going as far to claim New Jersey needs a whopping $20 billion even after the New Jersey legislator agree to allow the Murphy Administration a $10 Billion no questions asked.
Continue reading Governor Claims New Jersey Needs a $20 billion Federal Bail Out
the staff of the Ridgewood blog
TRENTON NJ, State healthcare and physician advocates, led by the Home Care & Hospice Association of NJ, and the New Jersey Dental Association, called on the Senate and Assembly today to oppose a new tax on health insurance, as proposed in two bills, S-2676 and A-4389. The coalition joins a growing choir of employers, seniors, and health professionals concerned that the bill will increase health insurance costs on New Jersey communities that have already been hit hard by the COVID-19 crisis.
the staff of the Ridgewood blog
Middletown NJ, Assemblyman Gerry Scharfenberger (R-Monmouth) is speaking out against a recent bill seeking to impose a new “health tax” throughout New Jersey. This legislation comes at a time when businesses, residents, low-income families, and countless others are severely struggling to make ends meet in the wake of crushing financial waves due to the COVID-19 pandemic:
Continue reading Democrats Introduce New “Health Tax” bill for New Jersey Residents
the staff of the Ridgewood blog
Bellmawr NJ, Ian Smith and Frank Trumbetti appeared before a judge on Monday and the judge ruled that they can continue to keep their doors open.
The owners of a Bellmawr gym who were in violation of Gov. Phil Murphy’s executive order to remain closed had first closed in March under a statewide emergency order, the gym opened without permission on May 18 and then padlocked by the state on May 22 under a court order.
the staff of the Ridgewood blog
Trenton NJ, The Department of the Treasury reported that June revenue collections for the major taxes totaled $2.92 billion, down $503 million, or 14.7 percent below last June. The June decline eclipsed last month’s decline of 13.5 percent over the previous May, indicating that the economic impact of the global pandemic shows little signs of abating. Fiscal year-to-date, total collections of $29.784 billion are now down $3.0 billion, or 9.2 percent below the same period last year.
Continue reading New Jersey Tax Collections Weaken Further , Down 14.7% in June
the staff of the Ridgewood blog
Trenton NJ, Senate Minority Leader Tom Kean, joined by Republican Senators Joe Pennacchio, Anthony M. Bucco, Steve Oroho, Kristin Corrado and Michael Testa, issued the following statement in response to coverage in The Star-Ledger questioning why the Legislature has failed to act on important hearings to investigate the State’s pandemic preparedness.
Continue reading Murphy Administration Delays Investigation in COVID19 Response
the staff of the Ridgewood blog
Trenton NJ, once again Governor Phil Murphy has told New Jersey residents , “if you don’t like his policies leave.” During a press conference on Friday, Murphy snapped at reporters questioning his slow reopening of the state and poor handling of the pandemic, saying, “If you don’t like our leadership here, why don’t you go down to Georgia and see how that feels.”
Continue reading Governor Murphy Says if you Don’t like it Leave and People are in Droves
the staff of the Ridgewood blog
Trenton NJ, With the U.S. gaining 4.8 million jobs in June and the national unemployment rate at 11.1% compared to the nearly historic high of 14.7% at the peak of the coronavirus pandemic, WalletHub today released updated rankings for the States Whose Unemployment Rates Are Bouncing Back Most, along with accompanying videos and audio files, to illustrate which areas of the country have had the best recovery so far.
Continue reading New Jersey has the 2nd Worst Unemployment Rate Recovery
the staff of the Ridgewood blog
Trenton NJ, In a strong stance against the bonding legislation passed by the Senate today, Senator Dawn Addiego issued the following statement:
“Asking New Jersey taxpayers to solely shoulder what equates to a 35 year tax increase without the transparency that accompanies a public referendum is the absolute wrong way to approach this crisis. We are all in this pandemic together. Solving the budget challenges brought on by it should be no different. This is a pivotal moment that will impact the lives of New Jersey families for generations – they deserve an opportunity to vote on it.”
Assemblywomen Holly Schepisi
the staff of the Ridgewood blog
TRENTON NJ, Governor Phil Murphy signed into law the “New Jersey COVID-19 Emergency Bond Act,” which authorizes the state to borrow up to $9.9 billion to address the unprecedented fiscal crisis that has arisen as a consequence of the COVID-19 pandemic.“The passage of this legislation is an important step in New Jersey’s recovery from the economic ravages of the COVID-19 pandemic,” Governor Murphy said. “While this is by no means a silver bullet, the ability to responsibly borrow is essential to meeting our fiscal needs in the coming year.”
Continue reading Legislator Gives Murphy Administration a $10 Billion Blank Check
Statement by Ralph Albert Thomas, CPA (DC), CGMA, CEO and Executive Director
New Jersey Society of Certified Public Accountants
ROSELAND NJ, We are deeply concerned that the proposed $9.9 billion borrowing plan announced by Governor Murphy and currently moving through the Legislature will have far-reaching consequences, affecting New Jersey’s ability to grow and attract business.
There is no doubt that New Jersey will require additional resources during this COVID-19 crisis. To address this, we need a comprehensive fiscal strategy that includes all tools at our disposal. Absent that, any plan for borrowing now is premature.
Continue reading New Jersey Can’t Borrow Its Way Off This Fiscal Cliff
