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Ridgewood NJ, Senate Majority Leader Mitch McConnell drew scathing criticism from a several lawmaker Wednesday for saying he would prefer to see states file for bankruptcy than receive additional federal funds as they struggle to cover the costs of combating the coronavirus outbreak.
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East Rutherford NJ, John Grembowiec, Advisory Board Chairman of the New Jersey EMS Task Force, and Dr. Terry Clancy, acting director of the New Jersey Department of Health, Office of Emergency Medical Services, and Mike Bascom, Team Leader of the NJ EMS Task Force, Monday welcomed a new deployment of out-of-state EMS teams to New Jersey. Units as far away as Los Angeles and Palm Springs California were on location.
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Trenton NJ, Senator Declan O’Scanlon, Assemblywoman Serena DiMaso, and Assemblyman Gerry Scharfenberger (all R-Monmouth) called for the Governor and Department of Labor to commit to ending the backlog of unemployment claims as soon as possible in a joint statement today:
Sen. O’Scanlon, Asw. DiMaso, and Asm. Scharfenberger are supporting unemployed residents who are frustrated by delays in processing their claims, calling on Gov. Murphy and the labor commissioner to end the backlog. (Pixabay)
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TRENTON NJ, In response to growing concerns about financial market disruptions on local governments, the Murphy Administration and the New Jersey Infrastructure Bank (I-Bank) have implemented a backstop municipal bond note program. I-Bank’s $50 million liquidity investment, which is designed to help mitigate financial impacts to municipalities during the coronavirus state of emergency, launched on April 15.
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Trenton NJ, Warning that the coronavirus stock market plunge has put a majority of the nation’s public government pension plans “at risk,” Senate President Steve Sweeney today urged the President and Congress to partner with state and local governments to solve pension and infrastructure funding challenges with a federally-financed program in next month’s coronavirus recovery package.
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Trenton NJ, Senator Anthony Bucco and the Morris County Chamber of Commerce announced the formation of a COVID Economic Advisory Committee to develop specific recommendations that can have immediate positive impacts on local businesses, married with ways to safely reopen the economy as the State emerges from this crisis. Bucco will rely on the business-led blueprint in making recommendations to the Murphy administration while offering proactive solutions that can be used as part of the six-state council to restore the economy.
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Ridgewood NJ, With many industries in the U.S. ground to a halt because of the coronavirus social distancing restrictions, the personal-finance website WalletHub today released its report on the States Slowing Down the Most During the COVID-19 Pandemic, as well as accompanying videos.
Continue reading New Jersey Is the State 3rd Most Slowed Down by COVID-19
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Ridgewood NJ, 100,000 New Jersey public workers could be partially furloughed under plan proposed by state Senate .New Jersey would cut the hours and pay of 100,000 public workers under a plan unveiled Monday by state Senate President Stephen Sweeney. But public employees would be able to collect payments that would exceed their regular wages because of the recent expansion in unemployment benefits, he said.
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Trenton NJ, Gov. Phil Murphy painted a dire outlook for New Jersey public worker jobs on Saturday afternoon, pleading for more financial aid to lift a state economy that has been cratered by the coronavirus. Gov. Phil Murphy said, “We will have layoffs that will be historic”
Continue reading Governor Murphy Contemplates New Jersey Public Worker Layoffs
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TRENTON NJ, Assemblyman Jay Webber said there is no getting around the state constitution that prohibits borrowing money to balance the state budget, even in times of war or an emergency.“Borrowed funds cannot be used as income to balance the state budget,” said Webber (R-Morris). “The state Supreme Court in Lance v. McGreevey has already looked at this and given all the guidance we need.”
Continue reading COVID 19 Death toll Climbs but Significantly Lags Worst Case Scenarios
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MIDLAND PARK NJ, Assemblyman Chris DePhillips decided to introduce a pension divestment bill earlier this week after hearing complaints from leaders within the New Jersey pharmaceutical industry.
“The outbreak has really become a wake-up call for the state and industry,” said DePhillips (R-Bergen). “New Jersey is supposed to be the medicine chest for the world, but China is in control of our pharmaceutical manufacturing. That must change.”
Continue reading Bill to Ban Public Pension Investments in Chinese Pharmaceuticals
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Trenton NJ, New Jersey Gov. Phil Murphy says he wasn’t thinking about the Bill of Rights when he issued social distancing orders to stem the spread of the coronavirus.
“That’s above my pay grade, Tucker,” Murphy said Wednesday on Fox News’ “Tucker Carlson Tonight.” “So, I wasn’t thinking of the Bill of Rights when we did this. We went to all — first of all — we went to the scientists who said people have to stay away from each other.”
Billions in Spending Increases Proposed Before Crisis Remain Unchanged While Emergency Programs to Keep People Employed Run Dry Within Minutes
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Trenton NJ, The Republican members of the Senate Budget & Appropriations Committee called on Governor Phil Murphy to announce which of the billions of dollars in new programs and spending and school aid increases he proposed in February will be scaled back to better fund emergency programs that are critical to helping small businesses survive and hundreds of thousands of New Jerseyans to stay employed.
Continue reading COVID 19 State of Emergency Requires Massive State Spending Cuts
